I've been following QBT for several years and first investe…
I've been following QBT for several years and first invested when they reported news on ASIC ULTRABOOST (like ASIC Boost but better if proven to work)
They report having NDA's with several ASIC manufacturers and last week reported having been shipped a rig with technical details from one of those manufacturers for testing of optimization 'methods'
They are attempting to optimize the mining of SHA-256 Algorithm Bitcoins, BTC, BCH and BSV
I'll post any QBT updates on here
https://www.londonstockexchange.com/stock/QBT/quantum-blockchain-technologies-plc/company-page
Replies
QBT Website:
https://quantumblockchaintechnologies.co.uk/
Quantum Blockchain Technologies currently has a MCAP around £7 M
UK markets have very few 'Bitcoins' related companies, a few jumped on the BTC Treasury wagon and whilst they saw in some cases ludicrous initial SP gains those companies have tanked
For transparency I've gone All In with what I had left in my UK stock trading account...
IF QBT can deliver a 10% mining efficiency they could be taken over by a big player.
They could of course strike a deal with a miner or manufacturer if any of their optimizations work
QBT might need to raise funds soon so the bet/ investment is will they prove up the optimizations, will they raise capital before that happens or will they fail
£7M MCAP which 'could' potentially run into hundreds of millions or Billions
Or go to zero of course