Qubic has released a detailed mining report just two days before its expected 51% dominance attempt on the Monero network, laying out earnings, network influence, and strategic intent.
Qubic Lays out 51% Plan
In the Epoch 171 mining recap titled “Warming Up the Engines,” written by “retrodrive,” Qubic revealed it earned $180,250 by selling 459 monero ( XMR), with an additional 14,500 tether ( USDT), 22 XMR, and 3.7 billion QUBIC tokens set aside for miner rewards. Notably, 65.9 billion QUBIC were burned at an average rate of $2,280 per billion, while monero’s price dipped slightly during the period.
The July 31 report claimed to confirm Qubic’s peak hashrate hit 2.3 gigahash per second (GH/s), accounting for 45% of Monero’s total network power. Qubic miners found 3,496 Monero blocks in that epoch alone, highlighting its growing control over the network’s proof-of-work (PoW) mechanism.
In a section addressing rumors of a “takeover,” Qubic said its strategy is not meant to compromise Monero’s privacy or enable transaction reversals. Instead, it encourages miners to route their activity through Qubic pools. A community vote among Qubic “Computors”—the network’s validators—affirmed that once a majority of Monero hashrate is secured, block rewards will be distributed only to miners operating through Qubic.
This move could orphan blocks mined outside Qubic’s infrastructure, effectively diverting all Monero block rewards to Qubic-controlled nodes. The group argues that this would increase miner profitability while still preserving Monero’s decentralization by using a broad, distributed network of Qubic miners.
The creator of Qubic on Aug. 1, 2025.
A strategic shift was also approved: Monero mining profits will now go directly to Qubic validators instead of funding buybacks and token burns. The vote was framed as a way to maximize incentive alignment and hashpower accumulation during the planned dominance window of Aug. 2 through Aug. 31.
Additional reports have claimed that Qubic’s pool operators may have entered stealth mode. According to rumors and Qubic Discord messages, mining addresses have been changed, block footprints have been scrubbed, and pool statistics are no longer publicly accessible.
Several mining dashboards tracking Monero’s global hashrate have stopped displaying Qubic’s pool activity altogether, leading to speculation that the operation has gone fully dark in advance of the possible 51% test.
