PsiQuantum Launches Effort to Build Million-Qubit Quantum Computer, Pledges Not to Attack Bitcoin

BlockBeats News, March 6th, PsiQuantum has launched the construction of a fault-tolerant quantum computer facility in Chicago aimed at 1 million quantum bits, following the photonic quantum computing route and leveraging mature semiconductor, fiber optics, and cooling technologies for scalability. The construction is progressing rapidly, with 500 tons of steel structure erected in just a few days. The first phase is expected to be partially completed around 2027, with the ultimate goal of being operational around 2028. The computing power of this facility is equivalent to hundreds of billions of traditional computers, mainly serving next-generation AI supercomputing.

The crypto community is currently paying attention to its potential to break Bitcoin. Terry Rudolph, co-founder of PsiQuantum, has made it clear that they have no intention of using quantum computing to attack Bitcoin, and the company's scale is too large to do so secretly. With recent discussions on quantum threats intensifying, the Bitcoin community has been discussing hard forks to address the issue. Currently, the world's largest quantum computer has only 6100 bits, far from reaching a practical threshold, thus posing limited short-term threats to Bitcoin.