what's qubic?
Qubic is an AI-powered blockchain project created by Sergey Ivancheglo (CfB), founder of NXT and co-founder of IOTA. The platform features 15.5 million TPS, feeless transactions, and implements Useful Proof of Work (UPOW) where mining power trains AI instead of solving pointless puzzles. Key technical features include 676 computors with quorum-based consensus (requiring 451 votes), instant finality, bare metal UEFI execution, and offline transaction capability. The project is 10.5x scarcer than Bitcoin with yearly halvings and burns. Qubic demonstrated its mining capabilities by taking over more than half of Monero's hashrate in a live stress test, with current Monero mining generating $200k weekly in QUBIC burns and buybacks. The platform focuses on AGI (next-generation AI) development on blockchain and has plans for DOGE mining using quantum computers in Q4. Project X governance allows computors to decide emission flow allocation across growth, burn, yield, and ecosystem funds. A Computor Controlled Fund seeded with over 1 trillion QUBIC backs grants, developers, marketing, and community projects. Smart contracts require community quorum votes and go through a 676-share IPO process that burns QUBIC. The ecosystem includes QubicBay (first community marketplace powered by $CFB and $QUBIC) and cross-chain bridges to Ethereum and Arbitrum under development. Strong community speculation exists around a potential Binance listing based on imagery and hints. The project positions itself as the AI layer of crypto with market cap potential in the $10B to $100B+ range.
Qubic generates $220K revenue (10th in AI crypto), ranks 9th in social activity, despite C-tier rank.
Released Neuraxon 2.0, a 1.1TB open dataset on Hugging Face containing tick-by-tick neural dynamics from Aigarth simulations with agents having 1,200 neurons and 375.5 million synapses, representing a 190x increase over Neuraxon 1.0.
Qubic generates $220K in 30-day revenue, ranking 10th among AI cryptocurrency projects by revenue generation.
Qubic ranks #9 among top AI crypto projects by social activity with 400K interactions in posts and engagement.
Third-party analyst ranks the project in C Tier (lowest tier) among AI cryptocurrencies, describing it as a "speculative AI L1 / uPoW experiment" that has "more to prove on usage and ecosystem" compared to higher-ranked competitors like TAO, RENDER, FET, NEAR, and ICP.
A new research paper detects ten intervals of selfish mining strategies with hashrate share at 23-34%, confirming no sustained 51% control was achieved on Monero.
Claims of a 51% attack on the Monero network were false, with accusations that data was purposefully misrepresented, though no actual attack occurred.
Qubic merge-mining with Monero generates mining surges as part of Monero's upcoming technical developments and hashrate expansion efforts.
Qubic is now live on DEXTools platform.
Price surges +24% in early October, outperforming other AI altcoins including TAO (+8%), FET (+15%), RENDER (+10%), NEAR (+16%), INJ (+14%), and VIRTUALS (+14%).
Active phishing scam impersonating Qubic and Chain_GPT is targeting users, attempting to steal ETH through fake campaign promotions that nearly succeeded in extracting 0.09 ETH from at least one user.
Ranks 8th among AI crypto projects by 24-hour social engagements with 108K engagements.
Launches successful attack against Monero resulting in 18-block reorg and 117 reversed transactions.
Recent attack initiatives have failed completely, with the project losing significant public attention and relevance.
New token incentive structure offers 3x standard mining rewards to attract existing miners from target chains, establishing successful economic warfare model.
Halving occurs today concurrent with active community voting for Swissborg CEX listing.
Mining phase concludes successfully with GPU contributors receiving XTM tokens.
Community governance decides on DOGE as new target cryptocurrency.
Mining infrastructure expanding to include DOGE sub-pools with competitive yield offerings.
Attack methodology revealed: Strategic block withholding and injection of 5% new hashrate created false impression of network control.
Community investigation exposes false claims about Monero attack success, with actual hashrate at 30% instead of claimed 51%.
Mining profits are used to buy and burn tokens, creating deflationary pressure through automated XMR-to-token conversion and permanent removal from circulation.
51% attack confirmed as white-hat security research conducted over several months, resulting in improved Monero security against future threats.
Mining profitability reaches $3.13/day with 52.72% hashrate control, driving 28% XMR decline and 57% QUBIC surge.
51% attack successful with chain reorganization detected; attacker gains ability to rewrite blockchain history and censor transactions.
Gate.US exchange expansion brings new US market access, with gradual state-by-state rollout.
Hashrate control escalates to 40% through coordinated miner payments and XMR selling pressure, with declared goal of 51% control by August 2025.
Hash rate control attempt fails to reach 51% amid Monero community resistance
Hashrate control reaches 25% of Monero network, growing 4% in two weeks, raising centralization concerns.
Halving event approaches in 7 weeks to cut emissions 50%, coinciding with new BingX exchange listing and 10B token promotion driving volume increase.
Emerges as top performer in AI crypto sector amid 131% yearly growth in AI token market cap.
Founder enters public conflict with investors/holders, refusing to apologize for controversial incident.
Weekly mining rewards reach $40k from XMR and over $60k including TARI mining operations.
Network achieves 10% of Monero's mining power, indicating significant hashrate growth.
Ranks #7 in social mentions among PoW cryptocurrencies, alongside Bitcoin and Dogecoin.
Ranks #8 among AI & Big Data crypto projects by development activity according to Santiment data.
Warning signal surfaces as token gets categorized among failed projects by former Bittensor investors.
Token launched with zero insider allocations, pre-sales, or hidden team wallets.
Currently ranks #3 on CoinGecko's top 20 trending coins list.
Sets new industry record with 15.5M TPS in CertiK performance testing.
Significant 11.53% price decline places token among top 3 biggest daily losers.
Token price increases 50% over past week with strong relative market performance.
Double bottom pattern confirms with resistance break; price target at 0.0000023.
Mining rewards paid in XMR are used to market-buy and burn tokens, creating systematic buy pressure and decreasing supply.
Announced Phase 4 of PoC, with earliest go-live in ~4 weeks. Planning to mine Monero (XMR) and use proceeds to market buy & burn QUBIC tokens.
Reported to have more CPUs/GPUs than leading AI companies through decentralization.
Listed on a new CEX targeting USA crypto market
Focused on decentralized AI and smart contract technology for AGI development.
Governance body QCS (formerly SteCo) announced to oversee network security and growth initiatives in blockchain and AI domains.
Holder reporting "incredible developments" and not planning to sell.
Noted to have max supply of 200 trillion with more than half in circulation through POW mining.
Implements Useful Proof of Work (UPoW) model using mining power to train artificial general intelligence (AGI) instead of traditional PoW calculations.
Mentioned in context of AI utility cycles and trading activity
Discussion about old vs new versions of the project.
Project focused on turning energy into intelligence, seeing increased social media engagement over past 7 days.
Layer Zero ecosystem with AI bot ANNA, featuring feeless transactions, smart contracts, offline payments, Dutch auctions. Team includes ex-Google AI & AR staff and bank ex-CDO.