the takeover attempt shakes the network
The post the takeover attempt shakes the network appeared on BitcoinEthereumNews.com.
Monero is shaken by an attempt to takeover the network: the mining pool Qubic, the protagonist of the 51% attack, comes under DDoS, reducing its hashrate from 2.6 GH/s to 0.8 GH/s in a few hours. What happened between Qubic, Monero, and the DDoS threat? According to a post on X, Sergey Ivancheglo — a key figure in the crypto sector — announces that he himself is behind the controversial attempt to control the Monero network by surpassing the 51% threshold of computing power. In a surprising twist of events, his mining pool, Qubic, suffers a DDoS (Distributed Denial of Service) attack, aimed at rendering the just-begun takeover ineffective. #Qubic pool hashrate peaked 2.6 GH/s before #Monero DDoS attacks knocked it down to 0.8 GH/s by making 2/3 of miners disconnect. — Come-from-Beyond (@c___f___b) August 3, 2025 The most significant data is the drastic drop in hashrate: the computational power decreases from 2.6 gigahash per second (GH/s) to only 0.8 GH/s. Ivancheglo communicates that the security barriers set up by his team have managed to limit the impact, avoiding block losses and keeping the services active. However, the pressure on the pool remains extremely high and the situation evolves rapidly throughout the day. Who accuses whom: the controversy between Ivancheglo and the XMRig developer “`html In the midst of the crisis, Ivancheglo launches a direct accusation on X against the developer of the Monero mining software, XMRig, suspected of having orchestrated the DDoS attack as a defensive act for the security of the network. The response comes immediately: Chernykh, representing XMRig, publicly denies any involvement and emphasizes that they have never resorted to illegal methods to defend the protocol. “` This controversy leads to numerous online discussions, amplified by the Monero community on social channels and Telegram, about the legitimacy…
Filed under: News - @ August 4, 2025 9:20 pm