>> (p.1)
    Author Topic: Thoughts about Quantum Blockchain Technologies, QBT.  (Read 683 times)
    BobsSocks (OP)
    Newbie
    *
    Offline Offline

    Activity: 21
    Merit: 3


    View Profile
    March 17, 2024, 12:40:07 PM
     #1

    Hi,

    Apologies if I am in the wrong place and possibly should not be here anyway. If you are interested then this will probably need a bit of research but I can attempt to answer any questions and point to online resources.

    For a start,

    https://quantumblockchaintechnologies.co.uk/
    https://quantumblockchaintechnologies.co.uk/investor-relations/regulatory-news
    https://quantumblockchaintechnologies.co.uk/patents-ip
    https://quantumblockchaintechnologies.co.uk/products-services
    https://twitter.com/QBTOfficial256
    https://www.youtube.com/channel/UCYNcH8Fv9wZ31ZOeQeAmhwQ

    The company makes various claims about its technology which can be quite hard to decipher if at all. The latest buzz from them is testing of something they call Method A and Method B, Method C is also in the pipeline. The most recent brick wall they have hit is porting Method A and Method B onto mining rigs. In particular the writing or modification of firmware in particular for BitMain rigs.

    Their most recent regulatory announcement, they are listed on the AIM market in the UK, is here,

    https://quantumblockchaintechnologies.co.uk/images/QBT_-_RD_Update_March_24-_final.pdf

    which makes mention of CGminer,

    "In addition to the above, the development of Method B, as an extension to CGminer, a standard operating system used by almost all commercial mining rigs, has been particularly complex, given the intricacies of more than 50,000 lines of open-source C-code developed by the CGminer community. The key issues have been addressed and the Company is performing intensive live mining tests 24/7 using ASIC-based Bitcoin mining devices connected to two large mining pools."

    As I understand things CGMiner is released under some form of Open Source license which I would assume requires that any developments are released back to the community. I believe BitMain has not behaved honorably in respect of this. QBT itself often makes noises about others not making their IP available resulting in delays for them as they have to reverse engineer things and then in the next breath talk about all the Patents they are filing to protect their own IP.

    It very much looks to be the case that they are targeting modern rigs including the latest offerings from BitMain and, if you believe their press have managed to do this using a modified version of CGMiner which at the moment does not seem to support these rigs. I doubt that they will release this back to the community.

    In case you are wondering I can't say I really like the company and their lack of transparency. However I would be interested in your thoughts both on the Company, the Companies Technology and its prospects of success and their underlying behaviour.

    Thanks in advance.
Page 1
Viewing Page: 1