Why Quantum Mining Could Disrupt Bitcoin’s Security Model

[bonk]

Bitcoin mining is designed around computational scarcity, requiring immense energy and processing power to add blocks to the chain. Quantum computers, if scaled sufficiently, could perform certain calculations exponentially faster, potentially giving quantum-equipped miners an overwhelming advantage.

That imbalance could open the door to attacks such as a 51% takeover, where a single entity controls the majority of network hash power. While Duong considers quantum mining a lower-priority risk for now, he warns that it could fundamentally alter Bitcoin’s incentive structure if left unaddressed.

[madmax]

bitcoin’s security being tied to scarcity is cool until something rewrites the rules