Post
Topic
Board Development & Technical Discussion
Merits 5 from 3 users
Re: Competition to Break Bitcoin's Cryptography and win 1 BTC
by
Silentcursor
on 18/04/2025, 00:05:28 UTC
⭐ Merited by pooya87 (2) ,Pmalek (2) ,NotFuzzyWarm (1)
What do you think, what key length will these white hats be able to crack?
How many people have access to quantum computers? I would expect the budget involved for the ones who have to far exceed 1 BTC, which makes me think this small prize isn't worth their effort.

Exactly, the cost of owning a  quantum computer is from $10M+. If you want to rent quality time using one from any cloud providers this is what it will cost you;

Provider|Cost per Hour (est.)|Keep in mind|
IBM Quantum|$1,500–$10,000/hr|Via IBM Premium Plan|
Quantinuum|$5,000–$20,000/hr|High fidelity, access to H1 system|
IonQ|$3,000–$15,000/hr|Available via Amazon Braket|
AWS Braket|Pay-as-you-go|For multiple providers|

Since this is a team based effort contest, only individuals with the required technical requirement will join together to form a team.