Alleged DDoS Attack Make Qubic 51% Attack Try for Monero Jam
Qubic wan Monero 51% attack don mash up because say dem say DDoS attack for dia mining pool. Sergey Ivancheglo wey dey control di pool talk for X say di DDoS attack cut di pool hashrate from 2.6 GH/s go 0.8 GH/s. E talk say di attackers use Monero mining botnet, so protection against more DDoS attacks no go cost. But when dem check di pool endpoints direct, e show say response time normal, mean say di wahala no too bad or dem don reduce am. Qubic stop to report hashrate since 30th July, but sometimes e shele up to 1.6 GH/s. Meanwhile, XMRig developer Sergei Chernykh dey face accusation say e organize di DDoS attack but e deny am. Dis wahala add to di network security debate as Qubic dey try takeover by controlling most Monero hashrate. Traders suppose dey watch Monero price waka and mining profit as security risk high.
Bearish
Di tori say DDoS attack weh disrupt Qubic Monero 51% attack dey increase security wahala for Monero network. Past tins like di 2018 Bitcoin Gold 51% reorg cause sharp price drops and confuse miners. Di talk say dem dey use botnet attack di mining setup fit shake trust for di network stability, and fit make traders sell quick quick if dem fear say more wahala go follow. For di long run, this security gbege fit make new miners shy and reduce how many people dey participate for di network, wey fit put pressure on Monero price to go down. Overall, dis kain incident fit bring bearish condition for Monero and mining work dem.