Bitcoin miners face triple threat from quantum computing, AI shift

Bitcoin miners are grappling with a triple threat that includes quantum computing, a shift to artificial intelligence, and low network activity, DL News reported. The outlet described quantum computing as the greatest risk, a threat emerging as many miners pivot to AI. To make matters worse, network activity is so low that miner revenue is not even approaching the break-even point, the report added. DL News warned that the Bitcoin network could collapse instantly if quantum computing becomes a reality and more miners move their infrastructure to AI. In an interview, Nick Hansen, CEO of Bitcoin mining software and services company Luxor, expressed extreme concern, stating that there are currently no positive catalysts for the sector.