⚡️Update on the Monero Attack

Its been about a week since Qubic started its attack on Monero, which would begin on August 2nd. Although the attack failed to gain its 51% attack over Monero, they've decided to mine Monero regularly.

The attack began with some drama —Qubic claimed their network was hit by a DDoS, slowing the start, although no one has confirmed any evidence of a DDOS attack.

They mined 20% of Monero’s blocks in 24 hours. If you choose to believe it, Qubic’s data shows an all-time-high hashrate of 2.6 GH/s, holding it for ~12 hours—about 35–45% of Monero’s total hashrate.

Monero Research Lab’s Rucknium released a tool to visualize “orphaned blocks”—blocks mined almost at the same time, forcing the network to choose a chain.

If you care about Monero’s future, mine with Gupax—it’s never been easier.

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