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Qubic: 51% attack on Monero imminent? New report reveals strategy.

02.08.2025 00:10

Two days before its planned attempt to seize control of the Monero network, Qubic, a cryptocurrency mining operation, released a comprehensive report outlining its strategy. This document, titled "Warming Up the Engines," details the operation's financial performance and its intended impact on Monero's network.

The report, authored by an individual identified only as "retrodrive," reveals substantial financial gains from recent mining activity. Qubic reportedly earned $180,250 by selling 459 XMR (Monero) during Epoch 171. This significant revenue stream underscores their considerable investment and commitment to their ambitious plan.

The detailed mining recap provides a transparent look into Qubic's operation, including their network influence and strategic goals for the upcoming confrontation. The report functions as both a progress update and a declaration of intent, showcasing their capabilities to prospective partners and competitors alike. It's a bold move, revealing their hand just days before initiating what promises to be a significant clash in the cryptocurrency landscape. The coming showdown between Qubic and the Monero network has garnered considerable attention from various internet sources, fueling speculation about the potential consequences.