Qubic versus Monero: threat or theatre?
What may lie behind Qubic’s motives and the fallout from the attack on Monero.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Qubic versus Monero: threat or theatre?
What may lie behind Qubic’s motives and the fallout from the attack on Monero.
Monero Community Explores New Defenses Against 51% Attacks
In Monero, the possibility of upgrading the Proof-of-Work consensus algorithm is being explored. The goal is to protect the network from a 51% attack after Qubic claimed control over a significant portion of the hashrate.
Two Mining Pools Seize 51% of Bitcoin Hashrate
The mining pools Foundry USA and AntPool now control over half of the hashrate of the leading cryptocurrency network, potentially paving the way for a 51% attack.
Google Becomes Largest Shareholder in Bitcoin Miner TeraWulf
Google has increased its stake in TeraWulf to 14% by expanding financial guarantees for a deal between the miner and the cloud AI platform Fluidstack.
Solo Miner Strikes Bitcoin Block, Earns $371,000
On August 17, a solo miner independently mined block #910,440 on the Bitcoin network, earning 3.137 BTC (~$371,576) in rewards and fees. This was reported by CK Pool administrator Con Kolivas. Congratulations to miner bc1q~nwsgdw0wfh4trqal69fz with 9PH for solving the 305th solo block at https://t.co/UWgBvLk5AE! A miner of this size has about a 1 in […]
Qubic Developers Target Dogecoin for 51% Attack
The Qubic mining pool community has selected Dogecoin as the target for their next 51% attack. The vote was initiated by the project’s founder, Sergey Ivancheglo. The #Qubic community has chosen #Dogecoin. pic.twitter.com/EnevIZUAw5 — Come-from-Beyond (@c___f___b) August 17, 2025 He proposed a choice between the networks of Dogecoin, Kaspa, and Zcash. Dogecoin received over 300 […]
Bit Digital Turns Profitable with Shift to Ethereum Accumulation
Nasdaq-listed company Bit Digital reported a net profit of $14.9 million in the second quarter, compared to a loss of $12 million a year earlier, according to the firm’s press release. The company’s total revenue fell by 11.7% to $25.7 million, attributed to a 58.8% drop in bitcoin mining revenue, which decreased from $16.1 million […]
Tajikistan Loses Over $3 Million to Illegal Cryptocurrency Mining
In the first half of 2025, losses from illegal cryptocurrency mining in Tajikistan exceeded $3.5 million. This was reported by the Attorney General, Habibullo Vohidzoda, according to local media. “There are individuals who import equipment for mining firms from abroad and illegally mine cryptocurrency,” he noted. While mining is not officially banned in Tajikistan, authorities […]
GoMining Predicts Renewed Bitcoin Mining Hype
Miners and AI data centers are increasingly competing for access to affordable energy, potentially sparking a new wave of institutional investment in bitcoin mining, according to a report by GoMining Institutional. The Battle for Energy AI data centers, with their substantial capital, have begun offering higher prices for energy infrastructure, pushing miners aside. However, miners […]
Jack Dorsey’s Block Unveils Bitcoin Miner with Decade-Long Lifespan
Block, the company founded by Jack Dorsey, has introduced a new product for bitcoin mining—modular installations known as Proto Rig. Developers estimate that this solution could reduce miners’ costs by 15-20%. Today marks the end of rip and replace Bitcoin mining. Proto Rig—the first miner built to be infrastructure. • Replaceable hashboards• Save 15–20% with […]
TeraWulf and Fluidstack Launch Ambitious AI Project with Google’s Backing
Mining firm TeraWulf has signed a 10-year contract with cloud AI platform Fluidstack. Supported by Google, the miner will provide approximately 250 MW, amounting to $3.7 billion. The company will offer its infrastructure at the Lake Mariner data center campus in western New York State to host high-performance computing capabilities. The facility is designed for […]
Expert: Qubic’s Attack on Monero Was More PR Than Threat
The mining pool Qubic launched an attack on the Monero network, which turned out to be more of a PR campaign than a genuine threat. This was stated to ForkLog by Alex Petrov, co-founder and CIO of Hyperfusion. Qubic significantly increased its visibility and token value, while the Monero network did not suffer any significant […]We use cookies to improve the quality of our service.
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