All remaining bitcoins may be mined with Google Quantum Processor in less than 2 seconds – Bitcoin Mining News

There have been talks in the crypto community about how quantum processor possesses a fatal threat to all cryptocurrencies. However, tech experts believe that there is a lot of time until we have access to that level of technology. Now Google has officially announced that it has achieved quantum supremacy.

Theoretically, a quantum processor could solve the cryptography and make cryptocurrencies useless. Google reported that its 54-qubit Sycamore processor was able to perform a calculation in 200 seconds that would have taken 10,000 years for the world’s most powerful supercomputer. 

Google’s Sycamore processor is more than one and half a billion faster than the conventional bitcoin mining processor. So technically Sycamore processor would be able to mine the rest of 3 million bitcoins in just 2 seconds. No doubt that quantum supremacy is a step forward for human species in the technology field, but this processor possesses a genuine threat to the cryptocurrency world. 

However, several experts have reassured that people in the crypto industry have been working on the post-quantum solution for cryptography. IBM, who operates the current fastest supercomputer that Google claimed to have beaten, responded to Google’s claim saying that the same task that the Sycamore processor performed in 200 seconds could be completed in 2.5 days on their supercomputer and not in 10,000 years. 

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Jai Pratap
Jai Pratap
A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

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