Monero Price Crashes 17% as Qubic Mining Pool Launches a 51% Attack

In a startling development, the Qubic mining pool has successfully executed a 51% attack on the privacy-focused blockchain Monero (XMR). With this, it has gained control of the majority of Monero’s network hashrate.  The Mechanics of the 51% Attack For context, a 51% attack occurs when a mining pool or entity gains control of more […] The post Monero Price Crashes 17% as Qubic Mining Pool Launches a 51% Attack appeared first on Coin Edition.