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[Kemarit]

I can assure you that quantum computers are not threat to bitcoin, and cryptocurrencies at large, at least, not at this very moment, it will take several years of development before quantum computers get to the stage or level where it may likely have a chance at becoming a threat to the existence of bitcoin and cryptocurrencies, and before that time arrives, trust that bitcoin and cryptocurrencies have also developed stronger blockchains and wallets that are quantum resistant.

I actually have a well detailed thread on this topic on bitcointalk, I am just going to find time to move the same thread here, so that users here can read and learn as well.

So, like I promised in my comment quoted above, I've posted my thread on why quantum computing can never defeat bitcoin , not now, and not in the nearest future, yeah all can head over to https://www.altcoinstalks.com/index.php?topic=317333.0 and read it, and also post your thoughts, questions, opinion in comments.

I highly doubt if any of us currently here now would still be alive to witness when quantum computers would have been well developed enough to pose as a thread to bitcoin's existence.

Yes, good and valid arguments mate. And if I may add, QC could theoretically solve certain cryptographic hash functions more efficiently than classical computers, but SHA-256? it might take years as you have said to have fully functional QC, and it could be still in research stage in the next decade or so.

And in any case we are threaten, it could be obvious that the Bitcoin devs will have to mitigate that risk before it happens.

[Metha Wulandarin]

The real reason is that governments hate Bitcoin because of its decentralization and preservation of privacy. This is what governments hate because they want everything under their control and reject privacy.

If this makes sense, maybe they feel disadvantaged because of the privacy of decentralization, there are many BTC enthusiasts but the government cannot ask for taxes, maybe from there the government starts to dislike decentralization because there is no tax imposed on Bitcoin mining, the government automatically feels disadvantaged because there is no income for them.
What countries do you think are still mining a lot of Bitcoin for now?

[SamReomo]

I am really very sorry. I was feeling very guilty after posting this, so I tried many times to delete the post. But there is no post deletion system in AltCoin Talk yet. So I am forced to give the copy link from where I copied it. I will definitely post on my own in the future. Because we need to know a lot. I am very sorry. I apologize to everyone.

It's good to know that you're feeling guilty because you have copied someone else's content and posted it as your own but I'm happy to see that you admit that it was a mistake and I hope that you won't repeat it again.

Yes, it's true the post can't be deleted by user but you can erase the content of the thread and lock it so others may not reply to it. That's going to be much better I guess or you may rewrite the thread with your own content.

[LUCKMCFLY]

This is a very good topic, interesting because it has a lot to do with the knowledge that one has in the thing, for me Bitcoin until now if a quantum computer comes out it can't do much, because it is a very difficult thing to get into, why? Since the first Generations of any computer in which Technology is the most important, therefore the bitcoin should not have its security compromised on the contrary, it will not do anything to it, it is a matter of years, I estimate at least 5 years until they can break The Bitcoin codes are the only thing I see that they can do to break the Sh 256 barrier, because the AI that has come out so far is not very clear what can be seen.

Advanced AI plus a quantum PC can make many advances , but it is not something that tells me who can be good and what is going to make a difference, no, it is something that is still very much missing, from here to there the insurance of bitocin It will have Increased much more, at least for the security that is available until now.

[yhiaali3]

What countries do you think are still mining a lot of Bitcoin for now?

This image gives you all the details about mining hash power by countries:

Source: https://buybitcoinworldwide.com/mining/by-country/

China was ranked first and had the largest share at about 70% or more (I do not remember the exact percentage), but as you can see, after the ban, Chinese miners migrated to many countries, especially Kazakhstan and the United States, and thus the United States now ranks first, and China moved to second place with a very low percentage than before, and Kazakhstan is third.

In my opinion, the decision to ban mining by China was a good decision in favor of increasing decentralization in Bitcoin mining.
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