Qubic's Useful Proof of Work Surges Monero Hashrate by 500%

Qubic, a decentralized compute and AI Layer 1 protocol, has achieved a significant milestone by successfully demonstrating its Useful Proof of Work (uPoW) concept. This innovation leverages Monero (XMR) and Tari merge mining to fuel its token economy and redefine mining profitability. The uPoW mechanism allows Qubic to harness its computing power for practical tasks, such as mining Monero, thereby validating a real-world proof of concept for useful proof of work. This breakthrough positions Qubic as a pioneer in delivering real yield from useful tasks, laying the foundation for future AI and compute use cases that utilize idle CPU resources across a distributed network.

Qubic's mining operation, initially launched via Nanopool, quickly exceeded the pool’s capacity, leading to a shift to solo mining. Since May 18, Qubic’s contribution to Monero’s global hashrate has surged from under 2% to over 10%, showcasing an astonishing rise that continues to trend upward. This explosive growth in mining has made Qubic the most profitable coin to mine, with miners generating $14.20 profit in just seven days during epoch 163. Compared to Monero and Tari, Qubic leads in daily profit per CPU, with a stable profit remaining above $2 per day for a 7950X CPU. This represents over 50% more profit compared to mining XMR and Tari individually.

The game-changing tokenomics of Qubic involve converting all Monero and Tari rewards mined by the Qubic network into USDT, which is then used to buy QUBIC tokens on the open market and subsequently burned. This mechanism ties network activity and real-world utility to QUBIC token scarcity, increasing the degree of deflationary model. According to Alberto Fernandez, Head of Qubic Ecosystem & Partnerships, "Qubic’s uPoW turns mining into a deflationary engine: every XMR and Tari reward is sold for USDT, buys QUBIC, and is burned. With our hashrate climbing past 10% of Monero’s, we’re rapidly approaching a new era of decentralized compute value."

With the validation of Useful Proof of Work through real-world Monero mining, Qubic is entering a new phase of growth. The team is actively expanding uPoW applications beyond mining, including distributed AI training, selling computing power to companies, and autonomous agent infrastructure. As the network scales, Qubic aims to create a future where everyday computing contributes to intelligent, decentralized systems designed for global impact. Qubic is a high-performance Layer 1 blockchain, verified as the Fastest Blockchain in the World. Designed for real-time decentralized compute, Qubic is powered by uPoW and a tick-based consensus mechanism, enabling zero-fee transactions, instant finality, and unmatched throughput. Qubic unlocks scalable infrastructure for the next wave of innovation across AI, DePIN, DeFi, and AGI-level applications.