Crypto

Qubic Announces Development of Dogecoin Mining, Raises Concerns of 51% Attack

Qubic’s Dogecoin Mining Integration: A New Era in Cryptocurrency Mining

The Evolution of Qubic’s Mining Strategy

Qubic has announced a groundbreaking step in the world of cryptocurrency mining by integrating Dogecoin into its platform. This transition marks a shift from theoretical discussions to practical implementations, sparking debates on the security implications, particularly concerning the majority-hashrate risk.

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In a recent announcement on social media, Qubic stated, “The community didn’t hesitate. The vote was decisive: Dogecoin emerged as the winner with 301 votes. This is not a simple plug-and-play upgrade. Integrating ASIC hardware into the useful Proof-of-Work (uPoW) model demands real engineering, comprehensive protocol development, and a significant investment of time. However, the potential rewards are immense. Dogecoin is one of the largest and most established mining economies in the cryptocurrency world. By incorporating it into Qubic’s uPoW model, we extend beyond theoretical discussions into scalable solutions. Development is actively underway, marking the beginning of promising advancements.”

Examining the Security Concerns: Could Dogecoin Face a 51% Attack?

The announcement brings with it a history of concerns. In August 2025, Qubic conducted a Monero “takeover demonstration,” claiming over 51% hashrate dominance during certain phases and reporting a brief chain disruption that included a six-block reorganization and orphaned blocks. This event ignited a broader debate regarding Proof-of-Work security, focusing on how external incentives can quickly centralize hashpower and the market reactions when a “51% attack” is mentioned.

Subsequent studies have questioned the robustness of these claims. A paper from December 2025, analyzing Qubic-attributed activities on Monero, described the operation as a “selfish mining campaign,” noting that Qubic’s hashrate share fluctuated between 23-34% within observed intervals, with no sustained 51% control detected.

Dogecoin’s Unique Mining Architecture

Unlike Monero’s CPU-centric RandomX algorithm, Dogecoin utilizes Scrypt and has supported merged mining with Litecoin since 2014. This architecture has historically enhanced its security by leveraging a larger base of Scrypt ASIC miners.

This hardware reality is crucial to Qubic’s messaging, which emphasizes that integrating ASIC hardware into uPoW demands substantial engineering and protocol refinement, far beyond a simple pool launch. This is where most immediate 51% attack apprehensions encounter resistance.

The Economic Viability of a 51% Attack on Dogecoin

In August 2025, when Qubic first suggested Dogecoin as its next target after Monero, 21Shares argued that a direct majority attack on Dogecoin would be economically unfeasible. Their estimates indicated that Qubic would need to surpass approximately 2.78 PH/s, implying an expenditure of about $2.85 billion in hardware and an additional $2.5 million per day in electricity costs, excluding logistics.

The more plausible risk may not involve Qubic purchasing enough power for a majority hashrate but rather engineering incentives and integrations that persuade existing Scrypt ASIC operators to channel significant hashpower through a Qubic-mediated setup. 21Shares referred to this approach as “vampire mining.”

Current Market Status

As of the latest update, Dogecoin is trading at $0.12521, showcasing its persistent significance in the cryptocurrency market.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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