Qubic Mining Pool Takes Control of Monero Network Through 51% Hash Rate

Gate News bot message, SlowMist founder @evilcos reports that Qubic mining pool has acquired control over the majority of Monero's hash rate. The mining pool has secured more than 51% of the network's total hash power, making it technically capable of executing a blockchain reorganization on the Monero network.

The situation represents a classic 51% attack scenario on the Monero blockchain, where a single entity gains dominant control over the network's mining power.

QUBIC15.95%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)