Northwire Canada EditionWednesday, July 15, 2026
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EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0%
Other Neutral

BTQ Technologies Publishes "Kardashev Scale Quantum Computing for Bitcoin Mining"

BTQ’s research shows quantum Bitcoin mining remains impractical, reinforcing focus on post‑quantum signature defenses.

Executive Summary

BTQ Technologies published an arXiv paper titled “Kardashev Scale Quantum Computing for Bitcoin Mining.” The analysis concludes that even under highly optimistic assumptions, quantum‑accelerated Bitcoin mining would require ~10⁸ physical qubits and ~10⁴ MW of power—far beyond any feasible technology. At current Bitcoin difficulty the requirements balloon to astronomical levels (~10²³ qubits and ~10²⁵ W). The paper therefore shifts attention from quantum mining to the more immediate threat: vulnerability of Bitcoin’s elliptic‑curve signatures via Shor’s algorithm, underscoring BTQ’s ongoing work on post‑quantum Bitcoin architecture (Bitcoin Quantum) and its Quantum Proof‑of‑Work (QPoW) consensus model. The release highlights that BTQ is advancing a testnet using NIST‑standardized ML‑DSA signatures and promoting QPoW as a far more energy‑efficient alternative to classical mining.

Material Impact

The news provides no new financing, partnership, product launch, or earnings update. It reinforces the strategic narrative already communicated in prior releases (e.g., Bitcoin Quantum testnet launch Jan 12 2026 and QPoW development) but does not introduce materially new information that would alter BTQ’s near‑term outlook or valuation. Consequently, the release is best classified as routine – neutral; it confirms existing expectations rather than exceeding or missing them.

BTQ · Price
Company Overview

BTQ Technologies is a vertically integrated quantum‑focused company delivering post‑quantum security solutions across three core pillars:
- Quantum Secure Stablecoin Network (QSSN) – a blockchain‑based settlement layer using post‑quantum cryptography, currently in live pilots with Korean partners Danal and Finger Inc. Group.
- Quantum Compute In Memory (QCIM) – a 28 nm crypto‑agile secure element that integrates classical and post‑quantum algorithms for high‑throughput, low‑power encryption; being co‑developed with ICTK (South Korea) and validated in silicon via a partnership with ITRI (Taiwan).
- QPerfect/Neutral‑Atom Platform – BTQ holds a 16.67 % stake in QPerfect (with intent to acquire the remainder) providing the MIMIQ quantum emulator and Quantum Logical Unit for algorithm development and hardware‑in‑the‑loop testing.

Key milestones include the Jan 12 2026 launch of the Bitcoin Quantum testnet (first quantum‑safe fork using NIST‑standardized ML‑DSA signatures), the Oct 27 2025 USD 15 M joint development agreement with ICTK for QCIM, and multiple ETF inclusions (WisdomTree, VanEck, Defiance, MSCI Canada Small Cap) that have increased institutional visibility.

Read the original news release →

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