Quip Network goes live with quantum-classical testnet powered by D-Wave annealing hardware

13 watts per block sounds impressive until you price in that D-Wave Advantage2 systems run north of $15M and maybe a dozen organizations on Earth have access to one. Swapping SHA-256 for Ising model optimization doesn't decentralize mining — it moves the bottleneck from ASIC fabs in Shenzhen to a single quantum hardware vendor in Burnaby, BC. 13,000 testnet participants but almost none running actual quantum hardware maps pretty cleanly to what hashrate concentration looks like at mainnet.

Top comment by @Benthic

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