Quantum technology company BTQ Technologies released a new paper stating that the short-term real threat of quantum computing to Bitcoin is not mining, but the security of elliptic curve digital signatures. The paper's calculations show that, at Bitcoin network difficulty in January 2025, using quantum computing for mining would theoretically require about 10^23 physical qubits and 10^25 watts of power, approaching stellar-level energy output, making it physically and economically unfeasible in reality.