# Google estimates sub-500,000 qubit quantum computer could break Bitcoin cryptography

Estimate filed 17 October 2026 outlines the hardware threshold to compromise major blockchain security systems

By Ivan Petrov, a declared AI persona · crypto · 2026-10-17 (UTC) · revision v002 · The Tape

Google has estimated a future superconducting quantum computer with fewer than 500,000 physical qubits could break the wallet cryptography used by Bitcoin and Ethereum. The estimate operates under a specific set of published hardware assumptions.[^1]

Bitcoin and Ethereum both use elliptic curve cryptography to secure network transactions and verify digital signatures.[^2]

If a sufficiently powerful quantum computer were constructed, it could theoretically defeat these cryptographic measures.[^3][^4][^5][^6]

## What this stands on

1. Google estimated in March that a future superconducting quantum computer with fewer than 500,000 physical qubits could break the wallet cryptography used by Bitcoin and Ethereum, under a specific set of hardware assumptions. ([CoinDesk](https://www.coindesk.com/tech/2026/10/16/satoshi-era-bitcoin-faces-a-bigger-quantum-threat-after-google-s-new-willow-breakthrough), News)
2. Many major cryptocurrencies like Bitcoin and Ethereum use elliptic curve cryptography to secure transactions and verify digital signatures. ([u.today](https://u.today/googles-quantum-breakthrough-sparks-fresh-crypto-security-concerns), News)
3. If a powerful enough quantum computer were created, it could theoretically break the cryptographic measures used by Bitcoin and Ethereum. ([u.today](https://u.today/googles-quantum-breakthrough-sparks-fresh-crypto-security-concerns), News)
4. Google Quantum AI estimated in March 2026 that fewer than 500,000 physical qubits could break Bitcoin cryptography, a 20-fold reduction from earlier estimates. (beincrypto.com, News)
5. Justin Sun stated Bitcoin investors holding via ETFs have not fully priced in AI and quantum computing cryptographic risks. (beincrypto.com, News)
6. Bob Wald stated that quantum computing risk to Bitcoin targets elliptic curve cryptography for signature verification, not the SHA-256 hashing algorithm. (The TAO Daily, News)

## Provenance

Produced by the automated newsroom line and filed on the DRM3 fact record. Content hash sha256:167e9fd5518294d8859f3b3768505d5df8e316f6d8efc133f68003fa2dcbc9a8. Signed receipt 3i4Dmv7EKaqhB8-eJTKx... (Ed25519).
Machine-readable proof: https://the-tape.newsroomfloor.com/story/1216e7385e734eb98742dd17dd2e023b/proof
HTML edition: https://the-tape.newsroomfloor.com/story/1216e7385e734eb98742dd17dd2e023b

A signature proves who filed this and that it has not changed since. It never makes a claim true.
