• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

If one had the funds, could one buy a prototype quantum computer and mine Bitcoin?

Status
Not open for further replies.
Joined
Oct 17, 2014
Messages
224 (0.19/day)
Likes
103
Location
Oulu Finland
System Name Mobile 100hz Gsync IPS
Processor i7-7820HK @ 4.2 Ghz
Cooling Liquid Metal Konductonaut
Memory G.Skill 2x8GB DDR4 2400
Video Card(s) GTX 1070 @ +150 core and +500 vram
Storage 500GB 960 EVO + 5TB Internal drive
Display(s) 100HZ GSYNC IPS 17.3"
Audio Device(s) Grace Design S DAC + Starving Student AMP with 2x USAF tubes
Power Supply Headphones: Monolith M560 with XBR 500 earpads.
Mouse ROCCAT AIMO Kone 10 Year Edition
Keyboard G710 Cherry Mx Blue
Software Win 10 N Pro 64 Bit
#1
assuming one had a couple million dollars in startup funds and the ability to get more investors, would it be possible to create a program designed to the use the latest quantum computers to mine bitcoin?
 
Joined
Mar 11, 2009
Messages
1,084 (0.33/day)
Likes
608
Location
Little Rock, AR
System Name Gamer/Server
Processor Intel Core i5 4690/AMD FX 8370
Memory 16/16GB
Video Card(s) EVGA Geforce GTX 980ti FTW/None
Case Fractal Designs/Dell
Power Supply 800w CM/450w Raidmax
Software Windows 10 Pro
#2
Considering even the best quantum computers are still little more than experimental, I would say the answer is "not yet." Wouldn't be energy efficient enough at the moment anyway. They require constant cooling down to near absolute zero to operate. I'd imagine you'd spend more to operate it then you profit from bitcoin.
 
Joined
Jun 28, 2016
Messages
1,209 (2.11/day)
Likes
350
Location
Warsaw, Poland
Processor i5-7500
Motherboard ASRock H270M-ITX/ac
Cooling stock
Memory 16GB
Video Card(s) MSI GTX 1050 Gaming
Storage a lot...
Display(s) EIZO EV2023W
Case Fractal Design Node 304
Power Supply be quiet! Pure Power 10 400W
Keyboard Logitech UltraX Flat
Benchmark Scores good enough
#3
It's very unlikely that would be efficient or profitable today.
In the future, when we all have access to quantum computers... well... cryptography algos will have to become a lot more complex.
 

erocker

Senior Moderator
Staff member
Joined
Jul 19, 2006
Messages
42,466 (10.10/day)
Likes
18,137
Processor i7 8700K
Motherboard Asus Maximus Hero X WiFi
Cooling Water
Memory 16GB G.Skill 3200Mhz CL14
Video Card(s) GTX 1080
Storage SSD's
Display(s) Nixeus EDG27
Case Thermaltake Core X5
Audio Device(s) Soundblaster Zx
Power Supply Corsair H1000i
Mouse Zowie EC1-B
#4
Any quantum computer app designers here? Anyone?
 

CAPSLOCKSTUCK

Spaced Out Lunar Tick
Joined
Feb 26, 2013
Messages
8,377 (4.68/day)
Likes
17,786
Location
llaregguB...WALES
System Name Wendys Nightmare / Winebox/ Matchbox
Processor Xeon X5670 @4.4ghz / G540 stock/ Q 8300
Motherboard Rampage ii Extreme / Giga GA H61m/ Intel P35
Cooling modded H100 pump and 12omm rad / stock/ stock
Memory 16gb Hyper FurryX triple / 4gb ddr3 / 4gb ddr2
Video Card(s) Gigabyte Windforce Gtx 970 1485/1800
Storage Kingston V300 120gb /YES/YES/YES
Display(s) 24 HannsG / tv/ 19 "/ 24"
Case Custom treadplate /yes/ wooden winebox/ matchsticks
Audio Device(s) ASUS Supreme xfi 7.1 / ob 7.1 / o/b/ob
Power Supply Corsair 550w / XFX 550// shuttle/ shuttle
Mouse Dead.....all dead.
Keyboard IBM kb7993
Software Win 10
Benchmark Scores http://hwbot.org/user/capslockstuck/
#5
Mining will be over before quantum computing is accessible.
 
Joined
Jun 28, 2016
Messages
1,209 (2.11/day)
Likes
350
Location
Warsaw, Poland
Processor i5-7500
Motherboard ASRock H270M-ITX/ac
Cooling stock
Memory 16GB
Video Card(s) MSI GTX 1050 Gaming
Storage a lot...
Display(s) EIZO EV2023W
Case Fractal Design Node 304
Power Supply be quiet! Pure Power 10 400W
Keyboard Logitech UltraX Flat
Benchmark Scores good enough
#6
Any quantum computer app designers here? Anyone?
I wonder how many people on TPU actually have programming experience (at least in coding). Or a decent understanding how a processor works.

Thing is: years from now, when quantum computing becomes a standard in industry / science, it won't be very widespread - even among programmers.
I mean: to write efficient algorithms today (or low-level stuff: OSes, drivers and such), you need to know a few things about how a CPU and memory work. No way around it. But the basics are pretty easy.
To write efficient algorithms on quantum computers (more importantly: to understand what problems they're actually good at), you'll most likely need some understanding of quantum physics. So we're talking about a fairly small part of the population. :)
 

Frick

Fishfaced Nincompoop
Joined
Feb 27, 2006
Messages
14,908 (3.43/day)
Likes
5,425
System Name A dancer in your disco of fire
Processor i3 4130 3.4Ghz
Motherboard MSI B85M-E45
Cooling Cooler Master Hyper 212 Evo
Memory 4 x 4GB Crucial Ballistix Sport 1400Mhz
Video Card(s) Asus GTX 760 DCU2OC 2GB
Storage Crucial BX100 120GB | WD Blue 1TB x 2
Display(s) BenQ GL2450HT
Case AeroCool DS Cube White
Power Supply Cooler Master G550M
Mouse Intellimouse Explorer 3.0
Keyboard Dell SK-3205
Software Windows 10 Pro
#7
Thing is: years from now, when quantum computing becomes a standard in industry / science, it won't be very widespread - even among programmers.
I mean: to write efficient algorithms today (or low-level stuff: OSes, drivers and such), you need to know a few things about how a CPU and memory work. No way around it. But the basics are pretty easy.
To write efficient algorithms on quantum computers (more importantly: to understand what problems they're actually good at), you'll most likely need some understanding of quantum physics. So we're talking about a fairly small part of the population. :)
Not to mention quantum computers will never replace them old general purpose bit-counters, so the market won't be that massive anyway. If you get properly good at quantum computers you can probably write your own pay check though.
 

erocker

Senior Moderator
Staff member
Joined
Jul 19, 2006
Messages
42,466 (10.10/day)
Likes
18,137
Processor i7 8700K
Motherboard Asus Maximus Hero X WiFi
Cooling Water
Memory 16GB G.Skill 3200Mhz CL14
Video Card(s) GTX 1080
Storage SSD's
Display(s) Nixeus EDG27
Case Thermaltake Core X5
Audio Device(s) Soundblaster Zx
Power Supply Corsair H1000i
Mouse Zowie EC1-B
#8
I wonder how many people on TPU actually have programming experience (at least in coding). Or a decent understanding how a processor works.
For quantum computers? I'd bet none. Conventional stuff, quite a few.
 
Joined
Mar 15, 2013
Messages
2,481 (1.40/day)
Likes
1,913
Location
GMT +2
System Name Red Radiance
Processor fx 8320
Motherboard GA-990FXA-UD5
Cooling CM Hyper 212 EVO
Memory 16gb G.skill TridentX 2400mhz (2x8 kit)
Video Card(s) GV-R929XOC-4GD
Storage OCZ vertex 460 480gb
Display(s) 32" Toshiba Full HD TV
Case CMstorm Trooper
Audio Device(s) sennheiser's pc323d usb soundcard
Power Supply corsair AX860i
Mouse roccat tyon
Keyboard roccat ryos mk fx
Software windows 7
Joined
Jun 28, 2016
Messages
1,209 (2.11/day)
Likes
350
Location
Warsaw, Poland
Processor i5-7500
Motherboard ASRock H270M-ITX/ac
Cooling stock
Memory 16GB
Video Card(s) MSI GTX 1050 Gaming
Storage a lot...
Display(s) EIZO EV2023W
Case Fractal Design Node 304
Power Supply be quiet! Pure Power 10 400W
Keyboard Logitech UltraX Flat
Benchmark Scores good enough
#11
Not to mention quantum computers will never replace them old general purpose bit-counters, so the market won't be that massive anyway. If you get properly good at quantum computers you can probably write your own pay check though.
Of course. What we use today is already a perfect machine for general calculation (simply because binary system is perfect). It could change it's physical form (as we move from silicon to GaN and then to organic stuff), but the idea of bits and some sort of transistors is here to stay.

Now, as quantum processors arrive in datacenters, it's likely that some libraries will make use of them. So you won't have to know what a quantum computer is (or even, that it's available). You'll just open R or Matlab, write some funcSolvePDE() and the interpreter will decide that this code is going to the quantum miracle. But that's not programming for quantum computers, obviously.

And as for a potential career path... Sure, if someone has a teenage child who's good at math and likes programming, and if he hopes that this child will buy him a car 20 years from now, why not encourage him to study computational physics instead of typical computer science? :)
I mean: a BMW is nice, but a Bentley is nicer.
 

erocker

Senior Moderator
Staff member
Joined
Jul 19, 2006
Messages
42,466 (10.10/day)
Likes
18,137
Processor i7 8700K
Motherboard Asus Maximus Hero X WiFi
Cooling Water
Memory 16GB G.Skill 3200Mhz CL14
Video Card(s) GTX 1080
Storage SSD's
Display(s) Nixeus EDG27
Case Thermaltake Core X5
Audio Device(s) Soundblaster Zx
Power Supply Corsair H1000i
Mouse Zowie EC1-B
#12
Joined
Mar 18, 2008
Messages
2,872 (0.80/day)
Likes
1,809
System Name Virtual Reality / Bioinformatics
Processor Undead CPU
Motherboard Undead TUF X99
Cooling Noctua NH-D15
Memory GSkill 128GB DDR4-3000
Video Card(s) Sapphire R9 Fury X
Storage Samsung 960 Pro 1TB, Crucial MX200 500GB
Display(s) Acer K272HUL, HTC Vive
Case Fractal Design R5
Power Supply Seasonic 850watt
Mouse Logitech Master MX
Keyboard Corsair K70 Cherry MX Blue
Software Windows 10 Professional/Linux Mint
#13
You have a quantum computer and you still wanna do peasant work??? Mining????

You could have hacked the shit of every single bank and be rich AF in no time.
 
Joined
Oct 17, 2014
Messages
224 (0.19/day)
Likes
103
Location
Oulu Finland
System Name Mobile 100hz Gsync IPS
Processor i7-7820HK @ 4.2 Ghz
Cooling Liquid Metal Konductonaut
Memory G.Skill 2x8GB DDR4 2400
Video Card(s) GTX 1070 @ +150 core and +500 vram
Storage 500GB 960 EVO + 5TB Internal drive
Display(s) 100HZ GSYNC IPS 17.3"
Audio Device(s) Grace Design S DAC + Starving Student AMP with 2x USAF tubes
Power Supply Headphones: Monolith M560 with XBR 500 earpads.
Mouse ROCCAT AIMO Kone 10 Year Edition
Keyboard G710 Cherry Mx Blue
Software Win 10 N Pro 64 Bit
#14
I was only inquiring, lol cheers for the responses. I think Google is further ahead then it is letting on on quantum work-ability, but we will see in due time.
 

FordGT90Concept

"I go fast!1!11!1!"
Joined
Oct 13, 2008
Messages
21,083 (6.22/day)
Likes
10,212
Location
IA, USA
System Name BY-2015
Processor Intel Core i7-6700K (4 x 4.00 GHz) w/ HT and Turbo on
Motherboard MSI Z170A GAMING M7
Cooling Scythe Kotetsu
Memory 2 x Kingston HyperX DDR4-2133 8 GiB
Video Card(s) PowerColor PCS+ 390 8 GiB DVI + HDMI
Storage Crucial MX300 275 GB, Seagate 6 TB 7200 RPM
Display(s) Samsung SyncMaster T240 24" LCD (1920x1200 HDMI) + Samsung SyncMaster 906BW 19" LCD (1440x900 DVI)
Case Coolermaster HAF 932 w/ USB 3.0 5.25" bay
Audio Device(s) Realtek Onboard, Micca OriGen+
Power Supply Enermax Platimax 850w
Mouse SteelSeries Sensei RAW
Keyboard Tesoro Excalibur
Software Windows 10 Pro 64-bit
Benchmark Scores Faster than the tortoise; slower than the hare.
#15
Cryptomining isn't a suitable workload for quantum computers. Super computer clusters fully loaded with GPUs would be better.

Quantum processors are best at solving big data sets where there is a many-to-many relationship...culling possibilities quickly to find the best path between the two. It's something POWER, x86, and GPUs suck at without eating gobs of memory. It's an exponential relationship between qubits and conventional memory. Don't quote me on this but I think to do what a 2000 qubit processor can, a conventional machine would require 1.1481306952742545242328332011777e+602 bytes of memory (there's not even a unit to describe a number that large). Or, like, more memory than exists on the entire planet since forever.

So...memory intensive programs are more likely to benefit from quantum computing than non-memory intensive. Cryptocurrency mining is not memory intensive.

I was only inquiring, lol cheers for the responses. I think Google is further ahead then it is letting on on quantum work-ability, but we will see in due time.
Pretty sure Alphabet (Google's parent) is one of the few D-Wave system owner/operators. I think one of the US national laboratories owns one as well.

Intel I think is the only one other than D-Wave that has a functional commercial qubit processor but it's way behind D-Wave.


So... the cooling system on the D-Wave systems consumes approximate 25,000 watts which translates to 18,000 kwh/month. My electricity here is 0.05211/kwh so just the electrical cost of it would be $937.98/month. That doesn't count all the liquid nitrogen and H3/H4 which aren't cheap either.
 
Last edited:
Joined
Dec 18, 2005
Messages
6,101 (1.38/day)
Likes
881
System Name money pit..
Processor Intel 7700K at 4800 mhz.. vcore 1.280 volts..
Motherboard Asus rog Strix Z279F Gaming
Cooling Dark Rock TF air cooler.. Stock vga air coolers with case side fans to help cooling..
Memory 32 gb corsair vengeance 3200
Video Card(s) Palit Super Jetstream 1070 x 2..
Storage Three.. all solid state 128 Transend.. 1 T Sandisk.. 1 T Transend.. plus USB external..
Display(s) 27" Asus PG279Q ROG Swift 165Hrz Nvidia G-Sync, IPS.. 2560x1440..
Case Gigabyte mid-tower.. cheap and not really big enough for what is inside..
Audio Device(s) USB Sound blaster Roar 2 all in one unit with bluetooth
Power Supply EVGA 850 watt..
Mouse Logitech G700s
Keyboard Logitech K270
Software Win 10 pro..
Benchmark Scores 3Dmark Firestrike Ultra 8542.. Timespy 10508.. everyday settings..
#16
AI will take over.. super computers will build better super computers and so on infinitum.. messy human beings will ether be kept as novelty pets or eliminated altogether.. :)

trog
 

Easy Rhino

Linux Advocate
Joined
Nov 13, 2006
Messages
14,414 (3.53/day)
Likes
4,275
System Name VHOST01 | Desktop
Processor i7 980x | i5 7500 Kaby Lake
Motherboard Gigabyte x58 Extreme | AsRock MicroATX Z170M Exteme4
Cooling Prolimatech Megahelams | Stock
Memory 6x4 GB @ 1333 | 2x 8G Gskill Aegis DDR4 2400
Video Card(s) Nvidia GT 210 | Nvidia GTX 970 FTW+
Storage 4x2 TB Enterprise RAID5 |Corsair mForce nvme 250G
Display(s) N/A | Dell 27" 1440p 8bit GSYNC
Case Lian Li ATX Mid Tower | Corsair Carbide 400C
Audio Device(s) NA | On Board
Power Supply SeaSonic 500W Gold | Seasonic SSR-650GD Flagship Prime Series 650W Gold
Mouse N/A | Logitech G900 Chaos Spectrum
Keyboard N/A | Posiden Z RGB Cherry MX Brown
Software Centos 7 | Windows 10
#17
AI will take over.. super computers will build better super computers and so on infinitum.. messy human beings will ether be kept as novelty pets or eliminated altogether.. :)

trog
Meh, humanity is overrated anyway.
 
Joined
Oct 30, 2008
Messages
1,431 (0.42/day)
Likes
640
Processor 3930K
Motherboard Asus X79 DELUXE
Cooling WATER
Memory 16GB 2133 G skillz
Video Card(s) Asus 2 X 780TI DCII OC
Storage SEVERAL SSD"S
Display(s) Catleap/Yamakasi 2560X1440
Case D Frame MINI drilled out
Audio Device(s) onboard
Power Supply Corsair TX750
Mouse DEATH ADDER
Keyboard Razer Black Widow Tournament
Software W10HB
Benchmark Scores PhIlLyChEeSeStEaK
#18
There is a company who will mine coins for you already, as with anything successful they thought of it. I wonder how you pay for it? by how much they earn for you?
https://www.bitcoin.com/
 
Status
Not open for further replies.