On August 4, 2025, it was reported that the Qubic mining pool, involved in a 51% takeover attempt of Monero, is facing a DDoS attack that has significantly reduced its hashrate from 2.6 GH/s to 0.8 GH/s. Sergey Ivancheglo, who leads the takeover effort, claimed the attack has no cost for the attackers, as they likely control a botnet for Monero mining. DDoS attacks overwhelm a target with excessive traffic, rendering it inaccessible. Ivancheglo noted that the attack lasted six hours, but Cointelegraph's investigation found that the Qubic pool was operating normally at the time. Despite this, Qubic's hashrate tracking service indicated intermittent mining activity. Ivancheglo suspects XMRig developer Sergei Chernykh orchestrated the DDoS attacks, while Chernykh denied any involvement, emphasizing that he has not seen evidence of such an attack. He suggested that Monero should consider redirecting its hashrate to smaller pools to avoid centralization issues. Read more AI-generated news on: https://app.chaingpt.org/news