Can the Bitcoin Network be Hacked using Quantum Computers? Elon Musk Asks Grok AI ⋆ ZyCrypto
The post Can the Bitcoin Network be Hacked using Quantum Computers? Elon Musk Asks Grok AI ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
Advertisement  
  Elon Musk has recently taken to X (formerly Twitter) to ask its native Grok AI regarding the challenges posed by the emerging quantum computing technology towards Bitcoin mining. The LLM program provided some fascinating answers that caught the attention of crypto users, sparking a vigorous online debate. Quantum computing is often cited as a major threat to Bitcoin’s SHA-256 mining algorithm, the very foundation of the blockchain revolution. If its fundamentals are compromised at one point, it will irreversibly hurt the crypto sector. Musk was responding to an X post by IBM in which it showcased the company’s latest developments in the futuristic technology. The official handle tweeted: “We’re building more than quantum computers. We’re building a system that uses quantum to solve real-world problems that were once considered impossible. Last month, IBM laid out a transparent roadmap detailing how we’ll achieve quantum advantage. Let’s take a closer look.” Advertisement
  A generic futuristic image of computing followed the post. While the post itself didn’t mention particular concerns for other industries, Musk, a known crypto enthusiast and investor, immediately entered the conversation and asked Grok AI regarding the possibility of quantum computing compromising the SHA-256 mining approach. Grok AI Responds to Musk’s Inquiry Grok replied: “Based on 2025 assessments from NIST, IBM, and expert surveys, the probability of quantum computing cracking SHA-256 (via Grover’s algorithm, reducing preimage search to ~2^128 operations) is near 0% in the next 5 years and <10% by 2035. It requires millions of error-corrected qubits; current systems top ~1,000 noisy ones. Bitcoin’s hashing remains secure for now.” So, the AI agent has confirmed earlier estimations that the current iteration of quantum computing isn’t ready to take down the conventional might of the BTC network and its SHA-256 mining algorithm. What is…
Filed under: News - @ August 4, 2025 6:25 pm