Apr. 6 at 11:55 PM
$BTQ TheStreet post highlights a new BTQ Technologies study titled “Kardashev Scale Quantum Computing for Bitcoin Mining,” arguing quantum computers pose a genuine threat to Bitcoin via its digital signature vulnerability rather than through mining.
The research concludes quantum mining Bitcoin is physically impractical, requiring around 10^23 qubits and power levels equivalent to a star's output, while warning the signature "cryptographic crisis" clock is already ticking.
BTQ proposes mitigations including post-quantum cryptography standards, a "Bitcoin Quantum" architecture, and Quantum Proof of Work offering over 1,500x energy efficiency gains compared to classical methods.
