risky
QUBIC Mining Share Drop Raises 51% Risk
I saw a Twitter post claiming there is no 51% attack, but the on-chain data tells a different story.
QUBIC’s mining share appears to have fallen sharply from around 35% to about 19.2%, and mining activity has noticeably slowed. That drop increases centralization and raises the probability of consensus risk.
I’m cautious here: monitor hashrate and pool distributions closely and size positions with the potential security risk in mind.
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Analysis
The rapid decline in QUBIC’s share of mining power—from roughly 35% to 19.2%—combined with reduced mining activity suggests increased centralization. That concentration heightens the theoretical risk ...
Recommendation
Exercise caution: avoid adding exposure until hashrate stabilizes and pool concentration metrics improve; if long, reduce position sizing and set clear risk limits while monitoring on-chain mining dis...
Disclaimer
The 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.
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