Monero alert: Qubic briefly held ~52% hashrate — centralization risk
I see reports that Qubic (a mining pool/organization) temporarily controlled roughly 52% of Monero’s total hashrate. If accurate, that concentration is a clear centralization red flag for the network.
I’m worried because a majority of hash power can enable double-spends, transaction censorship or other consensus attacks, even if the episode was brief or accidental. The cause (e.g., a large honest pool, rented botnet, or misreporting) and duration matter a lot.
I’m monitoring pool-share charts and developer communications. I wouldn’t increase exposure until the hashrate distribution returns to more decentralized levels or the community provides credible mitigation and explanation.
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