🚨 Is Qubic Launching a 51% Attack on Monero? Are Prices Headed for a Crash?

As you may be aware, as CFB mentioned in a recent tweet, the #Qubic team is preparing an operation that may affect the stability of the Monero ($XMR) network.

From August 2nd to August 31st, 2025 (12:00 UTC), a higher number of orphan blocks may be produced depending on the hashrate of the qubic.org pool.

Therefore, it is strongly recommended that all services and entities accepting $XMR require at least 13 confirmations during this period.

Since the Qubic team cannot notify every platform individually, please help spread the word to exchanges and other stakeholders to ensure the security of Monero transactions.

Privacy-focused Monero is facing what appears to be an attempted network takeover by former top mining pool Qubic, prompting community backlash and concerns over hashrate centralization.

As of Monday, Qubic had fallen from the top spot on the Monero XMR $246.88 mining pool rankings to seventh, according to MiningPoolStats data. After the community noticed the pool looked to be openly performing a network takeover, the pool’s hashrate plummeted until it fell into its current position as the seventh-largest XMR mining pool.

In a June 30 blog post, Qubic revealed that it had begun incentivizing Monero CPU mining via its own network. The mined XMR would then be used to fund buybacks and token burns for the Qubic ecosystem. “QUBIC miners now perform real-world tasks (Monero mining) that generate real market value, which in turn strengthens the QUBIC economy,” the post stated.