[Deadly 52.72%] Qubic's lightning war crushed Monero, the PoW empire collapsed overnight!
On August 12, Qubic mining pool with 3.01 GH/s computing power briefly controlled 52.72% of Monero's hash rate, breaking through the 51% death line! Slow Mist founder Yuxian issued an emergency warning: the attack has been substantively successful! Qubic can reorganize on-chain transactions at any time, launch double spend attacks, and arbitrarily censor transactions, shattering the myth of Monero's 'immutability.'
What’s even scarier is — this massacre was premeditated! IOTA co-founder Sergey Ivancheglo (CFB) publicly declared war in July: 'From August 2 to 31, we must control Monero's 51% hash rate,' and under the guise of 'technical demonstration' stopped publicly sharing mining pool data, playing psychological warfare.
[Blood flows like a river] XMR plummeted 10% in a single day, and security faith is questioned by trillions of capital!
Price crash: HTX data shows XMR plummeted over 10% in 24 hours, currently reported at $246.61, marking the largest single-day drop of the year. Panic selling sweeps the market, exchanges urgently suspend deposits and withdrawals!
Security costs exploded: Monero's daily security budget is only $130,000, while Qubic's daily expenditure is $75 million (Ledger CTO data). A small chain with a market value of $300 million crushes a giant worth $6 billion, exposing the fragility of the PoW economic model!
Mass exodus of miners: The Monero community urgently calls for miners to migrate to decentralized pools like SupportXMR, but Qubic continues to siphon off hash power with its 'buyback and destroy QUBIC' economic black hole.
[Ultimate Warning] This is not Monero's funeral, but a rehearsal for the end of all PoW chains!
Unstoppable Wallet analyst Dan Dadybayo reveals the truth: 'It’s not about good or evil; capital is bloodthirsty!' Attackers can buy control of Monero for just $7,000-$10,000 daily. Qubic's uPoW (useful proof of work) is turning mining into an AI computing power dumping ground — 'Monero is just the first domino!'
Old Zhu's bold statement:
'Decentralization is dead, and the war for hash power is the future!' This battle for Monero exposes the industry's biggest lie: code justice cannot compete with the iron fist of capital. Qubic's 'technical demonstration' is actually a premeditated hash power drill, and the next target may be Zcash, Grin... any low hash rate PoW chain! Miners, exchanges, and holders must act immediately.
Miner: Hold the decentralized mining pool, refuse the 'high yield' bait;
Exchange: Raise XMR confirmation threshold, urgently monitor double spend transactions;
Investors: Withdraw from low hash rate small coins and turn to PoS/L1 giants for safety!
On-chain blood flows like a river, while you and I are in the torrent — either wake up or be buried!
Follow Old Zhu, pierce the fog, dig for gold on the knife's edge#门罗币 #加密货币 #隐私币 #区块链