itaibn0 comments on A proposed inefficiency in the Bitcoin markets - Less Wrong

3 Post author: Liron 27 December 2013 03:48AM

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Comment author: itaibn0 28 December 2013 03:17:06PM *  2 points [-]

Some relevant numbers: Based on the current target, I estimate that miners compute 5*10^18 hashes per block, 8*10^15 hashes per second. To match that, quantum computers working in mining need to compute 9*10^7 hashes per second.