Quantum Blockchain Technologies PLC (AIM:QBT, FRA:BYA1) CEO Francesco Gardin tells Proactive's Stephen Gunnion that the company has completed the key integration work on a new ASIC manufacturer's mining rig - and the data needed to train its Method C AI Oracle is now flowing. Gardin compares the process to a Formula One driver learning a new circuit: the Oracle needs a complete data picture from t...
Quantum Blockchain Technologies PLC (AIM:QBT, FRA:BYA1) CEO Francesco Gardin tells Proactive's Stephen Gunnion that the company has completed the key integration work on a new ASIC manufacturer's mining rig - and the data needed to train its Method C AI Oracle is now flowing. Gardin compares the process to a Formula One driver learning a new circuit: the Oracle needs a complete data picture from the new hardware before it can be effectively trained. "Now we are finally ready and we are generating the data," he says, with sufficient historical data for training expected by end of week. Fine-tuning follows next, with the company continuing to target end of June for completion of this phase and deployment on a live mining pool. #QuantumBlockchainTechnologies #QBT #FrancescoGardin #AIOracle #ArtificialIntelligence #BitcoinMining #ASICMining #BlockchainTechnology #CryptoMining #MachineLearning #MiningRig #CryptoTechnology #Bitcoin #Fintech #ProactiveInvestors
When Chinese President Xi Jinping arrived in Pyongyang on Monday, he was entering a country undergoing notable development in both its nuclear programme and conventional combat capacity. North Korea has been aided in these developments by Russian military technology and economic aid, which Pyongyang received in exchange for sending troops and equipment to support Moscow’s war in Ukraine. These adv...
When Chinese President Xi Jinping arrived in Pyongyang on Monday, he was entering a country undergoing notable development in both its nuclear programme and conventional combat capacity. North Korea has been aided in these developments by Russian military technology and economic aid, which Pyongyang received in exchange for sending troops and equipment to support Moscow’s war in Ukraine. These advances could help Pyongyang threaten the balance of power against South Korea and the United...
Spanish great moving to England after 14 years at Barça She has been impressed by vision of Michele Kang’s club Alexia Putellas has agreed personal terms with London City Lionesses. Widely regarded as one of the best players in the world, Putellas would be one of the biggest signings in the history of the Women’s Super League, with her arrival also representing an extraordinary moment for London C...
Spanish great moving to England after 14 years at Barça She has been impressed by vision of Michele Kang’s club Alexia Putellas has agreed personal terms with London City Lionesses. Widely regarded as one of the best players in the world, Putellas would be one of the biggest signings in the history of the Women’s Super League, with her arrival also representing an extraordinary moment for London City, an independently-run club who have spent only one season in the top flight of women’s football in England. Putellas left Barcelona last month upon the expiry of her contract with the club she represented for 14 years, a period in which she won 10 Liga F titles and four Champions League titles, as well as the World Cup with Spain in 2023 and twice being named a Ballon d’Or winner. The 32-year-old, who also captained Barça, wants to pursue a new challenge and has naturally attracted interest from most of the world’s wealthiest teams. She has been linked with a move to London City with multiple sources confirming she has agreed a contract with the club, who have made no secret of their grand ambitions under the ownership of the American businesswoman, Michele Kang. Continue reading...
Thaishutter_2528/iStock via Getty Images Thesis I recently covered Alamos Gold ( AGI ) and rated it a Strong Buy. I present Centerra Gold ( CGAU ) with the same motivation: if an investor is bullish on gold and copper, Centerra offers a 150% upside from current levels. Like my Alamos write-up, this stock is only for GOLD and copper bulls, who believe that current prices of the metals can be sustai...
Thaishutter_2528/iStock via Getty Images Thesis I recently covered Alamos Gold ( AGI ) and rated it a Strong Buy. I present Centerra Gold ( CGAU ) with the same motivation: if an investor is bullish on gold and copper, Centerra offers a 150% upside from current levels. Like my Alamos write-up, this stock is only for GOLD and copper bulls, who believe that current prices of the metals can be sustained. I highly recommend anyone interested in this article also read my Alamos write-up, since a lot of the valuation methodology is borrowed from there. As I will further show, at $4,500/oz gold and $6.00/lb copper, Mount Milligan ($3.6 billion) alone is worth more than Centerra's entire market cap ($3.04 billion), with the remaining mines pushing the total upside to more than double ($37) from current levels ($15). The bear case, assuming gold below $3,000/oz and copper below $4.50/lb, is already reflected in the current stock price, and thus the downside from here is pretty limited. I thus rate Centerra Gold a Strong Buy. Introduction Centerra Gold is a Toronto-based gold and copper miner, operating two mines: Mount Milligan in Canada and Öksüt in Turkey. It also has two gold mines under development, Goldfield in Nevada, expected to start producing by 2028, and Kemess in British Columbia, expected to start producing by 2030. The company also operates a Molybdenum Business Unit, consisting of Thompson Creek Mine in Idaho, currently being restarted, expected to produce starting mid-2027; the Endako Mine in British Columbia; and the Langeloth processing facility in Pennsylvania. Required History Mount Milligan mine, and all the molybdenum units in Centerra's portfolio, were previously owned by Thompson Creek Metals Company . In October 2010, Thompson obtained the Mount Milligan project, via the Terrane acquisition. This acquisition required financing, and thus Thompson entered into a Gold Stream Agreement with Royal Gold Inc. ( RGLD ), which allowed Royal Gold to purchase 52...