🧭 Monero is facing one of the most serious tests in its history.

The Qubic mining pool, running $XMR through its Useful Proof of Work scheme, now controls around 40% of the network's hashrate - just one step away from 51% and the risk of full consensus centralization.

👊 Instead of holding the mined XMR, Qubic instantly swaps it for USDT to buy and burn its own token, #Qubic . By making this loop more profitable than casual Monero mining, it has drawn massive hashrate away from independent pools, concentrating power in a single hand. Miners, chasing better returns, have naturally shifted their power to Qubic, resulting in it controlling a dominant share of Monero’s hashrate.

It didn't take long for the market to notice: $XMR dropped 9% in 24h, even as the broader market rallied. This decline has fueled debate — is this an attack on Monero’s core values, or just an economic experiment?

One thing is clear: we’re witnessing a rare moment when the ideology of privacy collides head-on with the raw mechanics of profit. If Qubic crosses that threshold, it won’t just be Monero’s consensus at stake — it will be a live demonstration of how financial incentives can override even the most principled decentralization.

#XMR #Monero