Will Grover's algorithm be used to mine Bitcoin before 5 years after RSA-2048 is factored?
10
210Ṁ259
2044
16%
chance

Resolves YES if there are credible reports of Grover's algorithm being used to mine a Bitcoin block before the market closes. This market will be scheduled to close 5 years after a factorization of RSA-2048 is published.

RSA-2048 refers to the number

25195908475657893494027183240048398571429282126204032027777137836043662020707595556264018525880784406918290641249515082189298559149176184502808489120072844992687392807287776735971418347270261896375014971824691165077613379859095700097330459748808428401797429100642458691817195118746121515172654632282216869987549182422433637259085141865462043576798423387184774447920739934236584823824281198163815010674810451660377306056201619676256133844143603833904414952634432190114657544454178424020924616515723350778707749817125772467962926386356373289912154831438167899885040445364023527381951378636564391212010397122822120720357

Which is a 2048 bit integer created for the purposes of the RSA Factoring challenge

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I think this question doesn't make a lot of sense

Oh no, I misread it. This is for computing the hash right? That can be accelerated with Grover's algorithm?

@MalachiteEagle Yes, Grover’s algorithm could be used to compute blocks with valid hashes. Something like Shor’s algorithm, on the other hand, could be used to factorize the number. So what is perhaps relevant here is the speed of development of quantum computing after we reach the point of executing Shor’s algorithm.

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