Selfish mining at its finest: Qubic attracts miners because it gives them more profit than a normal pool:
—It converts the mined XMR into USDT.
—It uses part of it to buy back and burn their QUBIC token.
—It provides extra rewards to the miner.
This economic incentive explains why so many joined and why their hash power grew.
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Thankfully, there are several proposals to negate this, such as publish or perish and detective mining.
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