Quantum Facility Progress Raises Concerns About Bitcoin: How Real Is the Risk?

PsiQuantum, a quantum computing firm, has announced that it has made progress on the site that will house what it described as the first utility-scale quantum computer in the United States. The latest development comes as discussions around the quantum risk to Bitcoin (BTC) continue to gain traction, a topic that has divided the industry. PsiQuantum Chicago Quantum Facility: Is Bitcoin at Risk? In a recent post on X, the company’s co-founder, Pete Shadbolt, highlighted that PsiQuantum has raised 500 tons of steel in six days at the Illinois Quantum and Microelectronics Park (IQMP) on Chicago’s South Side. The firm plans to build and deploy a million-qubit-scale, fault-tolerant quantum computer here source: https://beincrypto.com/quantum-computing-progress-bitcoin-crypto-risk/