Deep Tide TechFlow news, on August 15, according to an official announcement, Qubic announced the achievement of over 51% hash rate control on the Monero network, resulting in the reorganization of 6 blocks and 60 blocks becoming orphaned. Initial reports indicate that within two hours, Qubic mined 80% of the total Monero blocks.
During this period, approximately 750 XMR and 7 million XTM were mined. The unsold Tari from the previous round plus 7 million XTM resulted in a total of 17.2 billion QUBIC being burned, with an average price of about 3,200 QUBIC per billion, equivalent to approximately $55,000. Computors and miners collectively received a reward of 62.2 billion QUBIC, valued at around $200,000.
Data shows that Qubic's current earnings for miners are nearly four times that of Monero. The 51% Monero experiment is still ongoing.
