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Qubic Just Mined Monero And Redefined What Proof of Work Can Be

  • 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.

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