Construction begins at quantum facility big enough to break Bitcoin
CoinTelegraph
by Brayden LindreaMarch 6, 2026
PsiQuantum co-founder Terry Rudolph said in July it has no plans to attack Bitcoin, even if its upcoming facility becomes powerful enough to break the blockchain’s cryptography.
The quantum computing company PsiQuantum is a step closer to its goal of building the world’s first useful quantum computer, breaking ground on the construction of a 1 million-qubit quantum facility, a size that scientists say is powerful enough to crack Bitcoin’s cryptography.
PsiQuantum co-founder Peter Shadbolt shared a photo of its Chicago site on X on Thursday, saying that 500 tons of steel had been erected in six days to house the computer.
PsiQuantum said in September that it had raised $1 billion to build the facility in collaboration with chipmaker Nvidia, designed to house quantum computers capable of operating even with errors.
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Originally published on CoinTelegraph on 3/6/2026