Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Monero Goes 36 Hours Safe After Qubic Selfish Mining Attacks

Monero Goes 36 Hours Safe After Qubic Selfish Mining Attacks

CoinspeakerCoinspeaker2025/08/12 16:00
By:By Vini Barbosa Editor Marco T. Lanz

Monero has experienced 36 hours without selfish mining attacks following Qubic pool’s August 12 incident that caused a six-block reorganization. The event was incorrectly labeled a 51% attack, though Qubic controlled approximately 36% of network hashrate.

Key Notes

  • Qubic pool executed selfish mining with roughly 36% hashrate, causing chain reorganization but not qualifying as true 51% attack.
  • The blockchain shows zero orphaned blocks in recent 24-hour period after previously recording 60 during the disruption.
  • Experts now recommend waiting for 10+ block confirmations due to ongoing vulnerability risks from significant hashrate control.

Monero , the leading privacy-focused cryptocurrency, has gone 36 hours safe from another selfish mining attack by the Qubic pool. Selfish mining is a strategy often seen as malicious that occurs when a miner, with a significant share of the network’s hashrate, intentionally delays broadcasting their mined blocks, causing a chain reorganization (reorg) or fork, invalidating other miners’ blocks and rewards.

On August 12, the Qubic Pool successfully caused a six-block chain reorg from block height 3,475,995 to 3,476,000, effectively rewriting this piece of Monero’s blockchain history and causing disruption. Many exchanges and services reportedly halted Monero XMR $254.4 24h volatility: 0.9% Market cap: $4.69 B Vol. 24h: $61.93 M deposits and withdrawals in response to what was wrongly called a 51% attack during the mining wars .

As of this writing, at block height 3,477,070, the blockchain registers zero orphaned blocks in the last 720 blocks (24 hours). “Orphan” is the name given to blocks that were replaced by a selfish miner during a chain reorg. There were 60 orphan blocks registered in the last 24 hours of Qubic’s attack on August 12, according to data from moneroconsensus.info .

Moreover, with 1,070 blocks confirmed after the six-block reorg without another similar event, Monero nears 36 hours safe from the attacks.

Monero Goes 36 Hours Safe After Qubic Selfish Mining Attacks image 0

Monero Blockchain and Orphan Blocks Visualization | Source: moneroconsensus.info

Has Monero Suffered a 51% Attack by Qubic?

Most headlines regarding the six-block reorg from August 12 called the event a 51% attack against Monero, but this is a technical inaccuracy. A 51% attack, by definition, would require the attacker to control 51% or more of the network’s hashrate—while there is no evidence that it occurred in this case.

Luke Parker, a core developer and active contributor to Monero, explained in different commentaries on X that August 12’s event would have been possible with less than 51% of the hashrate, requiring the attacker to be “lucky.” Still, he notes that a significant amount of hashrate was still needed for that.

A 6 re-org does not mean a '51% attack' was successful. In that case, we'd see unbounded-depth re-orgs/no blocks mined by any other mining pool (assuming the adversary censors other mining pools, as this one does).

It does mean an adversary with a high amount of hash got lucky.

— Luke Parker (@kayabaNerve) August 12, 2025

A Qubic report of what was called the “Q Marathon” shows the pool successfully mined 251 out of 699 blocks in the 24 hours of the attack. This results in an approximate hashrate of 35.91%, slightly above one-third of the network and significantly lower than the claimed 51%.

~36% fyi

In other words, they are now profitably selfish mining.

Not a 51% attack. They are doing great at marketing though.

— ᴜɴᴛʀᴀᴄᴇᴀʙʟᴇ (@DontTraceMeBruh) August 12, 2025

Self-reported hashrate is not a trusted source, as it can be tampered with via network telemetry techniques. Measuring the true hashrate is a nearly impossible job because proof-of-work is a probabilistic science, requiring large samples of mined blocks for conclusive data. However, by the time the larger sample comes, the hashrate percentage could have already changed as many factors influence the share of each miner.

Additionally, as Luke Parker explained, a 51% attack would be able to repeat the selfish mining strategy over and over again, increasing the damage caused, allowing for double spends, censoring transactions by consistently mining empty blocks, and increasing the profit of the selfish miner with complete domination over the mining rewards.

Nevertheless, it remains a sensitive situation for the Monero network, services, users, and honest mining pools. With over 33% of the hashrate, a selfish mining strategy can be performed profitably, and further deep chain reorganizations might happen again. Experts recommend exchanges, services, and users wait for at least 10 block confirmations before deeming a transaction probabilistically secure, but even more could be needed depending on how things develop.

next
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

US CPI Heats Up Across the Board, Triggering "Inflation Spiral" Alert; October Rate Hike Odds Once Hit 50%. "New Fed News Agency": Watch Waller's Speech This Week

After the CPI was released, the market-implied rate hike probability first rose to 50% before falling back to 40%. Wall Street generally believes that whether action will be taken in October still depends on how the Federal Reserve assesses inflation trends. "The New Fed News Agency" noted that, unlike in August when price increases were concentrated in certain items, the stronger-than-expected performance of September's core CPI was more broad-based, further reinforcing the case for a December rate hike. The speech by Waller on Friday morning Beijing time is his last public statement before the Fed's blackout period ahead of this month's meeting. Economists are warning about an "inflation spiral," with real purchasing power and midterm election pressures interweaving.

华尔街见闻•2026/10/14 23:02

The calm period in the US stock market is over! The S&P 500 ends its record of 53 consecutive trading days without a drop of over 1%. AI stock sell-off intensifies market concerns.

The S&P 500 Index fell by 1.1%, ending a streak of 53 consecutive trading days without a drop of 1% or more. This was the longest period of calm since January 2020.

智通财经•2026/10/14 22:37

Federal Reserve Beige Book: U.S. economy expands moderately but inflationary pressures intensify; AI boosts productivity curbing some corporate hiring demand

The latest Beige Book released by the Federal Reserve on Wednesday shows that overall economic activity in the United States continues to grow, but performance varies across regions. Consumer spending remains generally weak, and there has been little change in the labor market.

智通财经•2026/10/14 22:36

Overnight US Stocks | September Inflation Remains High, Major Indexes Decline, Coreweave (CRWV.US) Drops Over 15%

At the close, the Dow Jones Industrial Average fell by 47.96 points, or 0.09%, to 51,622.14 points; the S&P 500 Index dropped by 85.95 points, or 1.10%, to 7,719.50 points; and the Nasdaq Composite Index declined by 511.51 points, or 1.88%, to 26,692.87 points.

智通财经•2026/10/14 22:36