Menu

Blog

May 10, 2016

CoinFac Brings Quantum Computing Technology To Cryptocurrency Mining

Posted by in categories: bitcoin, cryptocurrencies, economics, information science, quantum physics, supercomputing

QC meets Blockchaining; nice.


CoinFac Limited, a technology company, has recently introduced the next generation quantum computing technology into cryptocurrency mining, allowing current Bitcoin and Altcoin miners to enjoy a 4,000 times speed increase.

Quantum computing is being perceived as the next generation of supercomputers capable of processing dense digital information and generating multi-sequential algorithmic solutions 100,000 times faster than conventional computers. With each quantum computing server costing at an exorbitant price tag of $5 Million — $10 Million, this revolutionary concoction comprising advanced technological servers with a new wave of currency systems, brings about the most uprising event in the cryptocurrency ecosystem.

“We envisioned cryptocurrency to be the game changer in most developed country’s economy within the next 5 years. Reliance of quantum computing technology expedite the whole process, and we will be recognized as the industry leader in bringing about this tidal change. We aren’t the only institution fathom to leverage on this technology. Other Silicon big boys are already in advance talks of a possible tie up”, said Mike Howzer, CEO of CoinFac Limited. “Through the use of quantum computing, usual bitcoin mining processes are expedited by a blazing speed of 4,000 times. We bring lucrative mining back into Bitcoin industry, all over again”.

Google, NASA and Microsoft have been in close talk with the developers of a possible integration using quantum computing into their existing products and platform.

Read more

Comments are closed.