PANews reported on March 6th that, according to Cointelegraph, PsiQuantum has begun construction on a fault-tolerant quantum computer facility in Chicago with a target capacity of 1 million qubits. Utilizing photonic quantum computing, it leverages mature semiconductor, fiber optic, and cooling technologies for large-scale deployment. Construction is progressing rapidly, with 500 tons of steel structure erected in just a few days. The first phase is expected to be partially completed around 2027, with the ultimate goal of operation around 2028. This facility will have the computing power equivalent to tens of billions of traditional computers and will primarily serve next-generation AI supercomputing.
The crypto community is currently focused on its potential ability to crack Bitcoin. PsiQuantum co-founder Terry Rudolph has explicitly stated that he has no intention of using quantum computing to attack Bitcoin, and that the company is too large to conduct such an attack secretly. Recent discussions about the quantum threat have intensified, and the Bitcoin community is discussing a hard fork as a response. Currently, the world's largest quantum computer only has 6100 bits, far from reaching the practical threshold, and its short-term threat to Bitcoin is limited.
