Dots

At Dots, we are designing Mining-Capable Quantum Circuits (MCQCs) that are purpose-built quantum hardware for Bitcoin mining. The physics is unambiguous: classical mining costs scale linearly with difficulty. Dots MCQCs costs scale as the square root. As difficulty rises, which it always has, the relative advantage of MCQCs only compounds.

Our CTO, Dr Joseph Kearney, wrote the foundational peer-reviewed research on this thesis — quantum proof-of-work advantage, Noisy Intermediate-Scale Quantum (NISQ)-regime mining economics, and the energy efficiency case for MCQCs before anyone else was asking the question. That work has over 100 citations. Our patent attorney has confirmed the MCQC concept sits in genuine white space globally so we are seeking to move quickly to corner the market.

Bitcoin mining generates around $17 billion in annual revenue. Roughly 60% of that, the single largest cost by far is electricity. The network consumes over 150 TWh per year, comparable to Norway's entire energy consumption, and classical hardware has reached its physical limits. There is no further order-of-magnitude improvement available from classical hardware.

That is the problem. Here is the insight most people miss. 

The quantum computing industry is almost entirely focused on universal, fault-tolerant machines that are still a decade or more from commercial revenue. But a specific, bounded quantum advantage already exists today, one that applies precisy tBitcoin mining, and doesn't require fault tolerance to wor 

Dots is the company built to commercialise it.