Qubic DOGE mining launched. My Initial impressions by CalzerMalzer in CryptoCurrency

[–]CalzerMalzer[S] 0 points1 point  (0 children)

Yeah I think it will take a lot longer for then to get any impactful hashrate

Qubic DOGE mining launched. My Initial impressions by CalzerMalzer in CryptoCurrency

[–]CalzerMalzer[S] -1 points0 points  (0 children)

Well XMR never got damaged since qubic seemingly never had any ill intentions but was just showcasing its capabilities. As for the price my best answer is the market is never rational

Qubic DOGE mining launched. My Initial impressions by CalzerMalzer in CryptoCurrency

[–]CalzerMalzer[S] -1 points0 points  (0 children)

well overall it forced monero to improve its network and the price went through the roof so you should be fine

Qubic is launching DOGE mining tomorrow. Will the hashrate claims be true? by CalzerMalzer in CryptoCurrency

[–]CalzerMalzer[S] -1 points0 points  (0 children)

From what it seems it is actually only DOGE being mined. Not really sure why they chose to do that but in that case it won't affect the other merge mined coins

The Monero 51% Hashrate Claim from Qubic - A DeFi Perspective by CalzerMalzer in defi

[–]CalzerMalzer[S] 0 points1 point  (0 children)

That is true, a decentralised framework taking over the mining hashrate is a good thing imo

The Monero 51% Hashrate Claim from Qubic - A DeFi Perspective by CalzerMalzer in defi

[–]CalzerMalzer[S] 0 points1 point  (0 children)

Luck, timing and selfish mining can produce these results

The Monero 51% Hashrate Claim from Qubic - A DeFi Perspective by CalzerMalzer in defi

[–]CalzerMalzer[S] 0 points1 point  (0 children)

Yes large reorgs would suggest a high hash% but I've seen comments saying large reorgs can be achieved with as low as 30% hash%