Saberhagen The Nameless's avatar
Saberhagen The Nameless 4 months ago
Scroll down and look at the last 1,000 blocks of unknown hashrate. It's ~23% (and 1-3% of that are solominers or unknown pools that aren't qubic). The 51% attack never happened. It's intermittent reorgs from a pool selfish mining.
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Saberhagen The Nameless's avatar Saberhagen The Nameless
"Qubic never actually hit 51% btw. Don't fall for it. However they do have a large enough hashrate to perform multi-block re-orgs with their selfish mining strategy. They disabled API hashrate reporting so that they could lie about it. Keep mining and ignore the noise." https://xcancel.com/tuxpizza/status/1955191610410401816
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Replies (2)

Dan's avatar
Dan 4 months ago
The mental gymnastics you have to go thru to tell you this is gonna be ok is impressive
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SatsAndSports's avatar
SatsAndSports 4 months ago
What 'exactly' is selfish mining? If it just means that you build new blocks on top of the most recent block that you mined yourself, then that won't work for a long time unless you have at least 51% So I guess it's something slightly more subtle; e.g. they'll try to build on their own block, but will give up every time they fall X blocks behind. Is that it? And what is X? I can see how that could work if you have less than 51% of the hashrate. Where 'work' is 'steal some block rewards and encourage other miners to switch off'
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