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Friday, October 25, 2019

3 Million Bitcoin in 2 Seconds: Google Quantum Computer

https://bitcoinist.com/3-million-bitcoin-in-2-seconds-google-quantum-computer/

Despite having the most difficult network to mine, Bitcoin (BTC) could have met its match in the face of the Google’s quantum processor, Sycamore. According to one medium post, the device has enough computational power to mine all the remaining BTC in less than two seconds.
A back-of-the-envelope calculation in a Medium blog, shows how the production of 10-minute blocks was calculated for the raw power of Sycamore. The estimation suggested that the quantum computer could mine all remaining 3 million BTC in the blink of an eye.



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