About Dots
A different kind of quantum company.
The Problem
Bitcoin mining is a $20B+ per year industry consuming approximately 150 TWh of electricity annually — roughly the entire annual electricity consumption of a country the size of Poland. The sector runs on brute-force computation: billions of SHA-256 hash attempts per 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 are continuing to rise, and therefore margins are thinning. Dots have identified a quantum advantage opportunity using Noisy Intermediate-Scale Quantum (NISQ) computers.
The Gap
The quantum computing industry is almost entirely focused on building general-purpose machines — fault-tolerant quantum computers that are 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 that Bitcoin mining depends on.
Dots are developing a Mining-Capable Quantum Circuit (MCQC) to do exactly that.
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 NISQ hardware is sufficient. While the rest of the industry waits for fault-tolerant quantum computers, NISQ devices can already do useful work here. You don't need a perfect quantum computer. You need the right quantum circuit.
Our Approach
Dots is designing Mining-Capable Quantum Circuits (MCQCs) — purpose-built quantum devices engineered specifically for mining, not general-purpose computation.
As mining difficulty increases, the advantage compounds. Classical costs scale linearly. Quantum costs scale as the square root. The play is efficiency — MCQCs could achieve the same output at a fraction of the energy cost.
Connect the Dots
If you're interested in joining the journey, we'd like to hear from you.