Though quantum computing has the potential to scale back Bitcoin’s power consumption and enhance mining effectivity, it is very important take into account potential safety dangers and proceed to develop quantum-resistant algorithms for guarantee community integrity.
Quantum computing (NASDAQ:) has the potential to considerably scale back bitcoin’s power consumption by enhancing the effectivity of bitcoin mining. Quantum annealing, a kind of quantum computing, can velocity up the method of remedy the hash operate wanted to mine BTC.
Associated: Cryptocurrency vs Quantum Computing: A Deep Dive into the Way forward for Cryptocurrencies
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