Hacking bitcoin wallets with quantum computers could happen – but cryptographers are racing to build a workaround [CNBC]
Marathon Digital Holdings, Inc. (MARA)
Last marathon digital holdings, inc. earnings: 8/14 04:00 pm
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Source: CNBC
“The National Institute of Science and Technology (NIST) has been working on a new standard for encryption for the future that’s quantum proof,” Fred said Thiel, CEO of cryptocurrency mining specialist Marathon Digital Holdings CEO. Stefan Thomas really could have used a quantum computer this year. The German-born programmer and crypto trader forgot the password to unlock his digital wallet, which contains 7,002 bitcoin, now worth $265 million. Quantum computers, which will be several million times faster than classical computers, could have easily helped him crack the code. Though still very much in its infancy, governments and private sector companies like Microsoft and Google are working to make quantum computing a reality. Within a decade, quantum computers could be powerful enough to break the cryptographic security that protects cell phones, bank accounts, email addresses, and — yes — bitcoin wallets. “If you had a quantum computer today, and you were a state sponsor – China
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MARA
News
- Marathon Digital Holdings Increases 2024 Hash Rate Target to 50 Exahash [Yahoo! Finance]Yahoo! Finance
- Marathon Digital Holdings Increases 2024 Hash Rate Target to 50 ExahashGlobeNewswire
- Marathon Digital Holdings, Inc. (MARA) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]Yahoo! Finance
- Marathon Digital Holdings Schedules Conference Call for First Quarter 2024 Financial ResultsGlobeNewswire
- The 33% return this week takes Marathon Digital Holdings' (NASDAQ:MARA) shareholders five-year gains to 587% [Yahoo! Finance]Yahoo! Finance
MARA
Earnings
- 2/28/24 - Beat
MARA
Sec Filings
- 4/5/24 - Form 8-K
- 4/4/24 - Form 8-K
- 3/20/24 - Form 8-K/A
- MARA's page on the SEC website