Will Google's New 'Willow' Chip Break Bitcoin? Some Dismiss It As 'Fantasy' While Others Flag 'Risk' That Isn't Immediate

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Will Google's New 'Willow' Chip Break Bitcoin? Some Dismiss It As 'Fantasy' While Others Flag 'Risk' That Isn't Immediate - Benzinga

Quick Summary:

Alphabet Inc.(NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Google's unveiling of its next-generation quantum chip, "Willow" has sent ripples through the tech world, with its lightning-fast computation capabilities stoking concerns for Bitcoin (CRYPTO: BTC) and other cryptocurrencies.25, years to solve.

"If Google quantum chip Willow is really that good they could mine all the remaining Bitcoin.1.1 million Bitcoins are left to be mined worth $110 billion".

For context, Bitcoin's decentralized and trustless structure is powered by cryptography—a practice of coding information to keep it secure and only readable by the intended recipient.