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Monero community pushes back as Qubic’s 51% hash rate bid falters

A fast‑moving fight over mining power consumed Monero’s weekend after Sergey Ivancheglo used X to promote an “economic” campaign to dominate the network’s hashrate, which was met by community resistance.

The fight escalated after Ivancheglo, the figure behind Qubic and better known as Come‑from‑Beyond (CFB), confirmed the takeover intentions with an incentive-driven 51% attack.

As a response, the community gathered in the “supportxmr.com” pool to hold the majority of Monero’s mining capacity.

The 51% takeover plan

Qubic’s plan surfaced across X and Reddit as a pay‑to‑switch mining campaign. By offering richer payouts than ordinary pools, Qubic aims to attract enough Monero miners to its pool to surpass 51% of the network hash, a threshold that would enable it to orphan rivals’ blocks, delay confirmations, and potentially censor transactions.

Ivancheglo publicly flagged Aug. 2 to Aug. 31 as a window of elevated risk and urged exchanges to raise Monero deposit confirmations, framing the move as a precaution during their “test.”

On Reddit, Monero miners and users viewed the campaign as a live 51% attack attempt, driven by incentives rather than a code exploit. Posts in forums dedicated to the Monero community on Reddit tracked Qubic’s pool share and warned that concentration could enable orphaned blocks, delayed confirmations, or transaction censorship.

A thread titled “Qubic/Sergey Ivancheglo 51% attack plans” complained of “silence from most devs,” while another, “The timeline for the 51% attack is August,” claimed the pool had mined 31 of the last 100 blocks and urged a community response.

Community reaction

Analyst Dan Dadybayo explained on an X thread how Monero was under attack through an incentive campaign, arguing that intent is secondary to the risk of centralization when a single pool can outbid the rest of the network for hashpower.

His follow‑ups described why Monero’s CPU‑friendly RandomX and highly mobile miners make such an attack plausible if incentives are aligned.

The Monero subreddit’s tone oscillated between alarm and organization.

Members of the Monero community highlighted on X and Reddit Qubic’s rise into the top tier of pools through richer payouts and warned that waiting for 40% and 50% dominance would be too late.

The reaction led to the community rallying behind the mining pool “supportxmr.com” to battle Qubic in an attempt to lead Monero’s mining capacity. As of press time, the 4,970 miners composing the pool accounted for 28.7% of the network hash rate, having mined 36 out of the last 100 blocks.

Nevertheless, a Qubic spokesperson told CryptoSlate that the 51% takeover will still be attempted, adding:

“The goal is not to harm, such as tx reversals, but to make every miner on the Monero network join the QUBIC mining pool.”

Furthermore, Qubic highlighted a June proposal in which the community must decide whether other blocks should be orphaned in the event of a 51% attack. Among what the proposal portrays as benefits are reduced fees for Monero users, boosted revenue for miners, integration with Qubic miners, and a “practical test of a 51% attack and possibility to analyze its impact on XMR price.”

As of press time, there is no commentary in the proposal.

Benevolent attack

Ivancheglo dismissed alarm as “fear‑mongering,” even as his project urged exchanges to increase Monero confirmation thresholds, escalating concern across Reddit and crypto Twitter.

He framed the effort as industry research. He said he was “trying to find a countermeasure to Qubic’s 51% domination,” a claim that did little to calm Monero users who worried the “demo” could do real damage.

In addition, Ivancheglo said:

“This is very important to the #cryptocurrency industry because one day we all may face a non-benevolent attack.”

The uneven tone has led to rampant speculation that Qubic may want to normalize a majority‑hash posture while portraying it as benevolent.

The episode highlights that proof-of-work networks can be pressured not only by raw hashrate rentals but also by token-driven incentive loops that outpay organic mining.

The post Monero community pushes back as Qubic’s 51% hash rate bid falters appeared first on CryptoSlate.

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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