@c___f___b@VibraFinance@c___f___b , can #Anna also consider other world factors in real-time into consideration to predict $BTC price or is it just technical analysis?
@TheCryptoEscape No, CFB mentioned in one of his tweets that he will use ASICs to mine $DOGE.
The question is how will $QUBIC miners get that many ASICs in a short time.
Legend CFB certainly had a plan!!
Wow $qubic is holding its price very well while others are dipping.
Common #qubic, go to 1B MC, that's where you are supposed to be now.
Halving coming next week, easy 3x from here
$xmr $doge
Monero appears to be in the midst of a successful 51% attack.
The privacy-focused blockchain, launched in 2014 and long targeted by governments and 3-letters agencies, is already banned from most major centralized exchanges.
The Qubic mining pool has been amassing hashrate for months and now controls a majority of the network. A major chain reorganization was detected this morning. With its current dominance, Qubic can rewrite the blockchain, enable double-spending, and censor any transaction.
Sustaining this attack is estimated to cost $75 million per day. While potentially lucrative, it threatens to destroy confidence in the network almost overnight. Other miners are left with no incentive to continue, as Qubic can simply orphan any competing blocks, effectively becoming the sole miner.
In effect, a $300 million market-cap chain is taking over a $6 billion one. Monero’s options for recovery are limited, and a full takeover is now possible and even likely.
So far, XMR has dropped only 13%.
I think there could be a moment in the crypto industry where $qubic will be number 1 and $BTC will be number 2 in the market cap ranking.
Can happen anytime between 2030 to 2035
⚔️⚠️ Qubic founder CFB hints at plans to control over 51% of Monero's hashrate Aug 2-31 to showcase its uPoW tech. Monero’s community is alarmed.
• Qubic's uPoW uses "AI miners" to dual-mine XMR, burning rewards for QUBIC deflation.
• CFB insists it's an economic demo; Monero fears double-spends & trust collapse
• Hashrate already high, miners defect for higher profits.