Crypto
PsiQuantum starts building 1 million-qubit quantum facility, raising Bitcoin security debate
PsiQuantum has begun construction of a 1 million-qubit quantum computing facility in Chicago, reigniting debate over whether Bitcoin’s cryptographic security could be threatened. Co-founder Terry Rudolph said at a summit last July there was no plan to use quantum computers to break Bitcoin. The company says the facility is designed for error-corrected quantum computing and was funded with about $1 billion raised with Nvidia.