Qubic just reached 51% share of Monero. This is a huge feat. They will be the first to manipulate a cryptocurrency with a 51% attack. They intend to orphan all blocks from every other miner, making themselves the only mining entity of Monero. The only way to mine Monero will be through them and they are 3X more profitable than mining Monero directly. They are giving half the profit to miners and selling the other half of the profit to buy QUBIC and send it to the burn wallet. If they mine 100% of the Monero blocks this gives them 432 Monero mined per day. This is $118,342.08 at the current Monero price. They keep 50% of that and give the rest to miners making their profit $59,171.04 of Qubic being burned every day. $414,197.28 burned a week and $1.656 million burned every month. This is insane.
This is history being made here. Qubic a less than 300 million dollar market cap will be the sole miner of a 6 billion dollar market cap coin.
