Monero Faces Potential Hashrate Centralization Risks Amid Qubic Mining Pool Takeover Attempt
The post Monero Faces Potential Hashrate Centralization Risks Amid Qubic Mining Pool Takeover Attempt appeared on BitcoinEthereumNews.com.
Monero is currently facing a hashrate takeover attempt by the Qubic mining pool, led by Sergey Ivancheglo, which threatens network decentralization and could impact transaction confirmations and mining profitability. Qubic incentivizes Monero CPU mining to fund its ecosystem through buybacks and token burns. Experts warn that hashrate centralization increases risks of block orphaning and transaction censorship. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Monero faces a hashrate takeover attempt by Qubic, raising decentralization concerns. Stay informed on this critical crypto network development. What is the Qubic Hashrate Takeover Attempt on Monero? The Qubic mining pool is attempting to gain control over Monero’s hashrate by incentivizing CPU mining and rejecting blocks from competing pools. This strategy could centralize mining power, potentially disrupting transaction validation and network security. ‘, ‘ 🔥 The Power of the TRON Ecosystem is Yours!Click now to discover exclusive opportunities! ‘, ‘ 💎 Profit Opportunities on the TRON NetworkJoin now to strengthen your investments! ‘ ]; var adplace = document.getElementById(“ads-htx”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex; adplace.innerHTML = adscodesHtx[adsindex]; sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexHtx”, sessperindex); } })(); How Did Qubic’s Mining Pool Strategy Evolve? Qubic, led by Sergey Ivancheglo, began incentivizing Monero CPU mining to strengthen its own ecosystem via token buybacks and burns. Initially…
Filed under: News - @ July 28, 2025 2:29 pm