Quantum Computer for Bitcoin mining

What I don’t quite understand is that it seems like this quantum computer can calculate everything. My question now is whether it could even be used for Bitcoin mining.

Hi @Jack_Hausmann, welcome to the Forum!

Quantum computers cannot calculate everything. In fact they’re really bad at doing many tasks and can potentially be really good at some other tasks. Quantum computers are still not large enough to break current encryption systems so they probably won’t be useful for mining Bitcoin anytime soon.

I encourage you to go to pennylane.ai and check out our demos where you will learn about many different interesting applications of quantum computing such as quantum chemistry and quantum machine learning. You can also go to youtube.com/xanaduai and check out our featured videos and our PennyLane Tutorials series. If you want to learn more about the theory of quantum computing and programming this using PennyLane, make sure to go through our Xanadu Quantum Codebook!

I hope these resources are helpful for you to gain a deeper understanding of quantum computing and what it’s capable of doing. I’m happy to answer any further questions you may have!