A different kind of quantum company.

I. THE PROBLEM

A $17 billion industry, built on guessing.

Bitcoin mining is a ~$17 billion-per-year industry consuming over 150 TWh of electricity annually, more than the entire annual electricity consumption of Norway. The sector runs on brute-force computation: around a billion trillion SHA-256 hash attempts every second, the vast majority of which produce nothing.

The industry has spent a decade optimising classical hardware. Application-Specific Integrated Circuits (ASICs) are approaching their physical limits. Energy costs continue to rise, and margins continue to thin. The classical curve is flattening.

II. THE GAP

Everyone is building the wrong machine.

The quantum computing industry is almost entirely focused on general-purpose, fault-tolerant machines, still years away. Meanwhile, a specific, well-understood quantum algorithm already exists that provides a quadratic speedup for exactly the kind of brute-force search Bitcoin mining depends on: Grover’s algorithm.

The key insight, drawn from our founders’ peer-reviewed research: quantum miners don’t need error correction. Mining already has an inherently low success probability, which means noisy, NISQ-era hardware is sufficient. While the rest of the industry waits for fault tolerance, NISQ devices can already do useful work here.

You don’t need a perfect quantum computer. You need the right quantum circuit.

III. THE APPROACH

Mining-Capable Quantum Circuits.

Dots is designing Mining-Capable Quantum Circuits (MCQCs), purpose-built quantum devices engineered specifically for mining, not general-purpose computation. One narrow job, done with a structural advantage no classical machine can match.

As mining difficulty increases, the advantage compounds: classical costs scale linearly, quantum costs scale as the square root. The play is efficiency: the same blocks, found at a fraction of the energy cost.