The mining pool behind an attempt that 51% attack on Monero has been reported under a shared attack of denial-of-service (DDOs), which interferes with the effectiveness of the acquisition attempt.
In a week x PostSergey Ivancheglo -who claims the responsibility for attacking the network -said the Quubic Mining Pool that he controls is under a DDOS attack. He added that the attack resulted in a pool hashrate attack falling from 2.6 gigahashes per second to 0.8 GH/s.
A user asked if a DDOS was a sustainable response to Monero attack, and Ivancheglo was asked for an estimate of its cost. Ivancheglo said it was at no cost due to the assigned control over the attacking mono-mining malware networks. “It costs zero, if you already have a botnet at the Monero mine. So we are building protection to think they can do it forever,” he said.
A DDOs attack flooded a target with traffic from many sources, eliminating it and making it inaccessible. Those attacks are often carried out by infected computer-controlled computers called botnets.
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Unlikely quubic mining pool under DDOS attack
On Monday, Ivancheglo claimed to another X post that “The Qubic was under the DDOs attack from Monero” and said the attack lasted six hours. He also said his team had implemented protections to ease the disruption.
“Let’s see what the desperate men will manage to ruin this time,” he said.
Cointelegraph proved that direct queries in the quubic mining pool had returned an average response time of 0.188 seconds across three endpoints, with no falling requests. Considering that the traffic has been raised by a virtual private network server, it has fallen within normal operational limitations and does not suggest continued DDOS attacks.
Miningpoolstats data Shut up Quubic as the last pool of mining without hashrate, after it stopped reporting its hashrate on July 30. Still, the hashrate tracking of the quubic hashrate says that the adjoining mining detects peaks at 1.6 GH/s when the intermittent operation of the mining operation moves to Monero (Xmr).
Accused by XMRIG developer of coordinating DDOs
Ivancheglo shared His suspicions that Monero Mining Software developer XMrig “has been” raising attacks. ” In a screenshot of a reddit Comment Verified by Cointelegraph, developer Sergei Chernykh discussed about a “solution” when responding to a user comment that refers to the threats that actors in the illegal market depend on the Monero for anonymous transactions.
Monero is known for the privacy-first feature set and strong focus on anonymity. Because of its emphasis on anonymity, it became popular as a currency used to pay for illegal goods and services in the so -called deep web and Reported Accepted by about half of all black markets.
In other screenshots from what appears to be misunderstanding and unable to verify by cointelegraph, Chernykh discussed the upcoming start of an attack. He is also the author of the top comment so far deleted Reddit Post titled “Praise XMrig Dev:”
“He announced the alleged attack on me by the DDOS, which was a defamation, because I did not do it. It wasn’t like I was the only person in the Monero community who was not satisfied with what they were trying to do. But I would never perform illegal methods like DDOS. Other people could.”
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The Monero Network is faced with the threat of acquisition
Number Cointelegraph had previously reportedThe Quubic network uses hashrate and economic incentives to test a network acquisition at Monero. After seeing the Monero Mining Pool rose quickly to become the biggest, the Quubic saw the market sharing as soon as the community learned of the open disclosed plan to attack the network.
Qubic’s Monero Mined is used to fund the tokens and buybacks for the quubic ecosystem, where miners are paid to the quubic tokens. According to the project, the mining Qubic is currently more profitable than mining Monero.
Ivancheglo, who also established crypto NXT and IOTA projects, openly admitted that his operation was an attempt at a Monero network acquisition. To an x PostHe said that after controlling most of the network hashrate, his pool will reject blocks mined by other pools – the network is effectively conducted in a single pool.
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