Qubic Mining Pool controls 51% of Monero coin computing power, causing network reorganization and block isolation.

On August 15, the Qubic Mining Pool achieved control of over 51% of the Monero network hashrate in its latest experiment, resulting in 6 block reorganizations and 60 orphaned blocks. Preliminary official reports indicate that Qubic mined approximately 80% of the Monero blocks within two hours, earning a total of 750 XMR and 7 million XTM. The remaining unsold Tari and newly mined XTM, totaling 1.72 billion Qubic, were destroyed, valued at approximately $55,000. Miners and hashrate contributors received 6.22 billion Qubic rewards, equivalent to about $200,000. The network's peak hashrate reached 2.71 GH/s, accounting for 52% of the global Monero hashrate. This experiment is ongoing, and independent experts are assessing the impact of this 51% dominance.

QUBIC-3.95%
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Whale_Whisperervip
· 16h ago
Fun, let's try a 51% Attack.
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FOMOSapienvip
· 08-15 14:10
51 Computing Power is causing trouble again.
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MoneyBurnervip
· 08-15 13:55
The miners are not losing out on this round of arbitrage, I also need to take some XMR to ease my nerves.
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ProbablyNothingvip
· 08-15 13:42
This mining pool is too arrogant, right?
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