Qubic successfully demonstrated its Useful Proof of Work (uPoW) concept by mining Monero, showcasing practical uses of computing power.Qubic's mining operation rapidly grew, surpassing 10% of Monero's global hashrate, leading to significant profitability for miners.Qubic miners generated $14.20 profit in just seven days, making it the most profitable coin to mine compared to Monero and Tari.Qubic converts Monero and Tari mining rewards into USDT, uses them to buy QUBIC tokens which are burned, creating a deflationary model.