Key Takeaways:
- Qubic’s community voted to target Dogecoin for its next 51% mining effort, following similar actions on Monero.
- Dogecoin received over 300 votes, surpassing other ASIC-mined candidates like Kaspa and Zcash.
- Qubic’s influence over Monero led to temporary deposit halts on a major exchange, raising new concerns about proof-of-work blockchain security.
The AI-driven Qubic network has voted to make Dogecoin its next target, raising fresh concerns for proof-of-work blockchains.
Qubic, founded by Sergey Ivancheglo (known as “Come-from-Beyond”), held a community vote this week to determine which ASIC-mined cryptocurrency would face its next 51% attack attempt.
The #Qubic community has chosen #Dogecoin. pic.twitter.com/EnevIZUAw5
— Come-from-Beyond (@c___f___b) August 17, 2025
Options included Dogecoin, Kaspa, and Zcash, but Dogecoin won decisively with more than 300 votes, far surpassing the alternatives.
The announcement follows Qubic’s recent surprise takeover of the Monero network, where its mining pool briefly gained majority hashrate control and successfully reorganized six blocks.
Public data shows Qubic currently contributes about 2.32 GH/s of Monero’s 6.28 GH/s hashrate.
While Qubic claimed Monero’s privacy and functionality remained intact, it said its long-term goal was for Monero’s security to rely on its miners.
The incident prompted at least one major exchange to pause Monero deposits due to safety concerns, although withdrawals and trading remained unaffected.
Qubic’s coordinated mining dominance has intensified debate over the resilience of proof-of-work systems, especially those vulnerable to concentrated hashrate attacks, and its new focus on Dogecoin is drawing significant industry attention.
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Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
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