Guest Post By Droomdroom: How Quantum Computing Affects Crypto Mining

Quantum computing is a revolutionary field of computing that has the potential to disrupt the current cryptographic algorithms that secure cryptocurrencies. This article explores the potential of merging quantum computing and cryptocurrency mining, and how it could reshape the digital economy. It also explains how cryptocurrency miners are responsible for verifying and adding new transactions to the public shared ledger, and how they are rewarded for their computational efforts. Lastly, it discusses Shor’s algorithm and how it could render RSA vulnerable.