{"id":6614,"date":"2025-08-18T18:13:09","date_gmt":"2025-08-18T18:13:09","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/after-monero-hit-qubic-group-puts-dogecoin-on-target-list\/"},"modified":"2025-08-18T18:13:09","modified_gmt":"2025-08-18T18:13:09","slug":"after-monero-hit-qubic-group-puts-dogecoin-on-target-list","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/after-monero-hit-qubic-group-puts-dogecoin-on-target-list\/","title":{"rendered":"After Monero Hit, Qubic Group Puts Dogecoin On Target List"},"content":{"rendered":"<p>Qubic\u2019s mining group has picked <a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\" target=\"_blank\" rel=\"noopener nofollow\">Dogecoin<\/a> as its next target after claiming it briefly gained majority control of Monero\u2019s network, according to reports.<\/p>\n<p>The group said it reorganized six blocks on Monero and then asked its community to vote on which ASIC-friendly proof-of-work coin to test next. The vote came on Aug. 17.<\/p>\n<h2>Community Picks Dogecoin<\/h2>\n<p>Based on reports, Dogecoin won the vote with more than <a href=\"https:\/\/x.com\/c___f___b\/status\/1957139742388298154\" target=\"_blank\" rel=\"noopener nofollow\">300 votes<\/a>. Qubic\u2019s founder, Sergey Ivancheglo, shared that Dogecoin beat out Zcash and Kaspa in a public poll.<\/p>\n<p>The project says its Monero pool reached a 51% share and that it currently runs about two point three GH\/s of Monero hashrate.<\/p>\n<p>The group calls these moves <a href=\"https:\/\/qubic.org\/blog-detail\/historic-takeover-complete-qubic-miners-now-secure-monero-network\" target=\"_blank\" rel=\"noopener nofollow\">\u201cstress tests\u201d<\/a> and says they are meant to show how its mining model works, while also using pool profits to buy and burn QUBIC tokens. The group added it does not want to destroy networks.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The <a href=\"https:\/\/twitter.com\/hashtag\/Qubic?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#Qubic<\/a> community has chosen <a href=\"https:\/\/twitter.com\/hashtag\/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#Dogecoin<\/a>. <a href=\"https:\/\/t.co\/EnevIZUAw5\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/EnevIZUAw5<\/a><\/p>\n<p>\u2014 Come-from-Beyond (@c___f___b) <a href=\"https:\/\/twitter.com\/c___f___b\/status\/1957139742388298154?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">August 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter size-full wp-image-806089\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/a_ac70ad.png?resize=1024%2C388\" alt=\"\" width=\"1024\" height=\"388\" \/><\/p>\n<p>The technical claim has sparked debate in the Monero community. Some developers and miners question whether the pool ever held sustained, uncontested control.<\/p>\n<p>Others say the actions \u2014 which reorganized blocks \u2014 are proof the group can alter short stretches of chain history. Either way, the interruption was enough for Kraken to pause Monero deposits while exchanges and services assessed risk.<\/p>\n<h2>What A 51% Attack Can Do<\/h2>\n<p>A <a href=\"https:\/\/www.investopedia.com\/terms\/1\/51-attack.asp\" target=\"_blank\" rel=\"noopener nofollow\">51% attack<\/a> lets the controller reorganize blocks or stop transactions. A group that controls more than half of a network\u2019s mining power can rewrite recent blocks, halt certain transactions, or try double-spends.<\/p>\n<p>Qubic\u2019s move showed it could force a small reorg on Monero. If a similar level of control were applied to Dogecoin, the effect could be larger because Dogecoin has a market capitalization above $35 billion.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.tradingview.com\/x\/pvcOB2pV\/\" alt=\"\" width=\"2315\" height=\"1113\" \/><\/p>\n<p>Still, Dogecoin benefits from merged-mining with Litecoin and runs at a much higher <a href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/monero-price-forecast-xmr-eyes-wedge-breakout-rally-amid-qubic-hashrate-dominance-202508180526\" target=\"_blank\" rel=\"noopener nofollow\">hashrate<\/a>, so an attack would likely cost far more.<\/p>\n<p>Markets and exchanges reacted quickly. Prices moved on the news and custodial services tightened checks.<\/p>\n<p>Kraken\u2019s decision to pause deposits underscored how exchanges will act fast when block reorgs or other threats appear. Users and traders faced increased short-term uncertainty.<\/p>\n<p>What To Watch Next<\/p>\n<p>Based on reports, the timeline is unclear but the issue raises bigger questions. Qubic has not given a clear timeline for any action against Dogecoin.<\/p>\n<p>Observers will watch for technical logs, more statements from the project, and any responses from Dogecoin and Litecoin developers.<\/p>\n<p>A Hostile Act?<\/p>\n<p>People will also be looking for proof that Qubic\u2019s tests were non-destructive and for evidence about how long the pool actually held control.<\/p>\n<p>Most outlets call what Qubic did a 51% attack (a chain reorg), not a \u201chack\u201d in the usual sense \u2014 but it\u2019s still an attack on network consensus and many people treat it as hostile.<\/p>\n<p><em>Featured image from Meta, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qubic\u2019s mining group has picked Dogecoin as its next target after claiming it briefly gained majority control of Monero\u2019s network, according to reports. The group said it reorganized six blocks on Monero and then asked its community to vote on which ASIC-friendly proof-of-work coin to test next. The vote came on Aug. 17. Community Picks&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6615,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[221],"tags":[34,36,167,166,1817,261,2599,3254,3255],"class_list":["post-6614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-altcoins","tag-crypto","tag-doge","tag-dogecoin","tag-hack","tag-memecoin","tag-monero","tag-qubic","tag-zcash"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/6614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=6614"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/6614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/6615"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=6614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=6614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=6614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}