Bit Digital, Inc. (BTBT), a leading bitcoin mining company, saw its stock soar 6.03% during Wednesday's trading session, riding the wave of optimism surrounding the cryptocurrency industry. The surge came as advancements in quantum computing technology, particularly Google's newly unveiled quantum Willow chip, proved less threatening to Bitcoin's encryption than initially feared.
Experts have weighed in, suggesting that while Google's Willow chip is groundbreaking in its computational power, it is still "lightyears away" from being able to crack Bitcoin's encryption. This revelation alleviated concerns about the potential risks posed by quantum computing to the security of cryptocurrencies like Bitcoin, bolstering confidence in the industry.
Himanshu Maradiya, the CEO of CIFDAQ, a blockchain ecosystem company, emphasized that the Willow chip lacks the millions of qubits (quantum computing power units) necessary to challenge Bitcoin's security. Furthermore, crypto organizations are actively working on security solutions to prevent such an event, further reinforcing the industry's resilience.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。