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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 stra
by vlugorilla 1y ago
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://nitter.net/tuxpizza/status/1955191610410401816#m https://nitter.net/tuxpizza/status/1955191610410401816#m)
- reorder9695 1y agoI am not that well versed in crypto. I understand the concept of a blockchain and what an n block reorg is, but what is the downside of a reorg? Like who can profit financially and why?
- johnpaulkiser 1y agoYou get all the money from the block rewards for those blocks if you reorg other miners blocks out.