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Privacy-focused Monero is facing what appears to be an attempted network takeover by former top mining pool Qubic, prompting community backlash and concerns over hashrate centralization.
As of Monday, Qubic had fallen from the top spot on the Monero (XMR) mining pool rankings to seventh, according to MiningPoolStats data. After the community noticed the pool looked to be openly performing a network takeover, the pool’s hashrate plummeted until it fell into its current position as the seventh-largest XMR mining pool.
In a June 30 blog post, Qubic…
