Qubic Releases Monero 51% Attack Experiment Report: Resulting in 6 Blocks Reorganized, 60 Blocks Orphaned

By: theblockbeats.news|2025/08/15 22:02:01
0
Share
copy

BlockBeats News, August 15th, according to an official announcement, Qubic announced that it has achieved over 51% hash rate control on the Monero network, leading to the reorganization of 6 blocks and the creation of 60 orphan blocks. Preliminary reports indicate that within two hours, Qubic mined 80% of Monero's total blocks.

During this time, approximately 750 XMR and 7 million XTM were mined. The unsold Tari from the previous round, combined with 7 million XTM, totaling 17.2 billion QUBIC, were burned at an average price of around 3,200 QUBIC per billion, equivalent to approximately $55,000. Compute nodes and miners collectively received rewards of 62.2 billion QUBIC, valued at around $200,000.

The network's peak hash rate reached 2.71 GH/s, accounting for 52% of global Monero hash rate. A total of 5,506 Monero blocks were mined. Data shows that Qubic's current miner revenue is nearly four times that of Monero. The 51% Monero experiment is still ongoing.

-- Price

--

You may also like

Can You Win Joker Returns Without Large Trading Volume? 5 Mistakes New Players Make In WEEX Joker Returns Season 2

Can small traders win WEEX Joker Returns 2026 without huge volume? Yes—if you avoid these 5 costly mistakes. Learn how to maximize card draws, use Jokers wisely, and turn small deposits into 15,000 USDT rewards.

Altcoin Season 2026: 4 Stages to Profit (Before the Crowd FOMO In)

Altcoin Season 2026 is starting — discover the 4 key stages of capital rotation (from ETH to PEPE) and how to position before the peak. Learn which tokens will lead each phase and avoid missing the rally.

Will Alt season come in 2026? 5 Tips to Spot the Next 100x Crypto Opportunities

Will altcoin season arrive in 2026? Discover 5 rotation stages, early signals smart traders watch, and the key crypto sectors where the next 100x altcoin opportunities may emerge.

 

The bear market has arrived, and cryptocurrency ETF issuers are also getting involved

Today's listing of MSBT is the latest landmark in this restructuring, with the influx of institutions accelerating the embrace of cryptocurrencies by traditional finance, but also diluting the liquidity of the native market.

The richest man had a quarrel with his former boss

It has become a huge uproar, as several top figures in the Chinese cryptocurrency circle have engaged in intense verbal battles and confrontations in the past 24 hours.

BTC Firm Above 70K! Saylor’s "Institutional Logic" vs. Moon’s "Retail Faith": Who is Really Harvesting the Market?

Bitcoin is holding firm above the $70,000 support level following a massive short squeeze that liquidated $427 million. As the "Four-Year Cycle" narrative shifts, the market is split: Michael Saylor’s cold, institutional "indiscriminate stacking" vs. Carl Moon’s high-energy retail "hopium." This article decodes these two polar-opposite strategies for the 2026 bull run and reveals how WEEX’s institutional-grade liquidity and AI trading tools empower every type of investor to convert market volatility into profit.

Popular coins

Latest Crypto News

Read more