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Qubic Claims Brief 51% Hashrate Control, Disrupts Monero Network

Qubic’s reported majority takeover triggered chain reorganizations, orphaned blocks, miner boycotts, market sell-offs, debate over network safeguards

Overview

  • Qubic’s mining pool announced it had surpassed the 51% threshold of Monero’s hashrate, citing data on deep chain reorganizations and dozens of orphaned blocks
  • Security researchers and public dashboards confirmed elevated reorgs of up to six blocks but warned there is no independent proof of sustained consensus control
  • Community-led boycotts and coordinated miner redirection slashed Qubic’s apparent hash share from about 45% to under 15% within hours
  • Monero’s XMR price fell roughly 8.5% intraday and over 17% in a week as traders reacted to centralization fears and network instability
  • Developers and analysts are debating economic incentive adjustments, proof-of-work algorithm changes and other protocol safeguards to prevent future attacks