According to ChainCatcher news and the official announcement, Qubic has achieved over 51% hash rate control on the Monero network, leading to the reorganization of 6 blocks and 60 blocks becoming orphaned. Preliminary reports indicate that within two hours, Qubic mined 80% of the total Monero blocks.
Approximately 750 XMR and 7 million XTM were mined during this period. The unallocated Tari from the previous round combined with 7 million XTM resulted in a total of 17.2 billion QUBIC being destroyed, with an average price of about 3,200 QUBIC per billion, equivalent to around $55,000. Computors and miners received a total reward of 6.22 billion QUBIC, valued at approximately $200,000.
The network peak hash rate reached 2.71 GH/s, accounting for 52% of the global Monero hash rate. A total of 5,506 Monero blocks were mined. Data shows that Qubic's current earnings for miners are nearly four times that of Monero. The 51% Monero experiment is still ongoing.
