All opinions Top Picks Most Discussed Crypto Premium Traders API
watch
XMR

I Worry Qubic’s Claimed Monero Hashrate Control Could Enable a 51% Attack

I’m concerned that Qubic’s claim of controlling the majority of Monero’s hashrate could enable a 51% attack, sparking renewed worries about the blockchain’s network security. This concentration of mining power on Monero and XMR raises urgent questions about decentralization and chain integrity.

Source available for registered users Sign Up Free

AI Analysis

The claim that Qubic controls most of Monero’s hashrate directly implies a concentration of mining resources, which undermines the decentralization principle fundamental to Monero and many other crypt...

AI Recommendation

Monitor on-chain and hashrate metrics closely. Before making trading decisions, verify Qubic’s claim through independent hashrate data and pool analysis. Immediate market moves based on an unconfirmed...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in:

risky
XMR

Qubic Claims Majority Hashrate — Raises 51% Attack and Security Concerns for Monero

I’m warning that Qubic’s claim of majority Monero hashrate control could enable a 51% attack, undermining network security, decentralization, and user trust in XMR.
Read full + analytics
watch
XMR

Monero Under 51% Attack — Qubic Pool Can Reorganize Chain and Double-Spend

I report that Monero (XMR) appears to be suffering a 51% attack by Qubic pool, enabling chain reorganizations, double spends, and transaction censorship. The attack is costly (est. $75M/day), so its long-term economics are uncertain — platforms should monitor XMR closely.
Read full + analytics
watch
XMR

Monero 51% Risk: Qubic Pool Can Reorganize Chain

I report that Monero appears to be under a successful 51% attack by Qubic mining pool, enabling chain reorgs, double spends, and transaction censorship. Platforms should monitor the network and consider defensive steps.
Read full + analytics
sell
XMR

Monero 51% Attack: Qubic Controls Hashrate, Risking Double-Spends

I report that the Qubic mining pool appears to have executed a 51% attack on Monero, controlling most hashrate and triggering a major chain reorg. This dominance allows double-spend, censorship, and rewriting history, with an estimated $75M/day to sustain the attack.
Read full + analytics
strong sell
XMR

Monero 51% Attack: Qubic Pool Dominance and Reorg Risk

SlowMist reports Qubic mining pool has launched a likely successful 51% attack on Monero, causing major chain reorgs and enabling double-spends, censorship, and blockchain history rewrites. Ledger CTO estimates sustaining the attack may cost ~$75M/day.
Read full + analytics
hold
XMR

Concerns Over Monero's PoW Algorithm Persisted for Years

This analysis highlights the ongoing concerns about Monero's proof-of-work algorithm, which have been discussed for over three years, emphasizing potential vulnerabilities or issues within its blockchain security.
Read full + analytics
buy
XMR

All Eyes on Monero: A Privacy Coin with Growing Appeal

Discover why Monero is capturing investor attention with its leading privacy features and what this could mean for its future in the crypto market.
Read full + analytics
partial buy
XMR

Monero 51% Attack Attempt Disrupted by Alleged DDoS Attack on Qubic Pool

An alleged 51% attack attempt on Monero was reportedly thwarted by a DDoS attack targeting the Qubic mining pool, highlighting the ongoing cybersecurity challenges and community resilience in privacy-focused cryptocurrencies.
Read full + analytics
partial sell
XMR

Possible Link Between Monero (XMR) and TO Sparks Speculation

Exploring the potential connection between Monero (XMR) and TO, this analysis highlights possible implications for investors and the privacy-focused cryptocurrency market.
Read full + analytics
short
XMR

Monero's Privacy Focus Echoes the Spirit of Digital Piracy

An analysis of Monero's core philosophy, highlighting its strong privacy features and its alignment with the concept of digital freedom and anonymous transactions in cryptocurrency.
Read full + analytics