[Coin World] QUBIC, this Layer-1 chain, has recently introduced a three-layer mining concept, combining AI and mining in an interesting way. They are using UPW( Proof of Work), where the Computing Power is not just idling but can also be used to train their AI engine Aigarth—essentially mining while assisting the neural network.
What's even better is that it supports merged mining with privacy coins like Monero. External mining income is directly converted to USDT at half the amount, and tokens are regularly repurchased and then burned on a weekly basis. Logically, this deflationary design should support the coin price, but reality is harsh - over the past month, QUBIC has dropped more than 39%, and the current price is hovering around $0.000000745.
The reason for the decline is not complex: the mining revenue of Monero is itself on a downward trend, and with the entire market adjusting, the token's performance naturally suffers under this dual pressure. The technical model is quite innovative, but when the market does not buy it, any mechanism has to take a back seat.
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Ser_APY_2000
· 11h ago
Oh dear, another case where no matter how fancy the technology is, it can't stop the downward trend.
With AI and deflation, it still can't withstand the collapse of Monero's returns, it's hilarious, paper design will never win against market reality.
39% in one month, how desperate must that be? I just want to ask if anyone is still mining now.
Sounds like a decent idea, but it feels like the timing is just terrible.
The logic of merged mining is actually okay, but the problem is that Monero itself has lost its appeal, dragging QUBIC down with it.
Honestly, I increasingly feel that relying solely on deflation and buybacks can't save a project; without real demand, it's all in vain.
Looking at this price movement, it feels like it's already hit the floor. Has the bottom-fishing action started yet?
UPW sounds amazing, but the number 0.000000745 is really a bit despairing.
Is this the fate of the crypto world? No matter how innovative things are, they can't escape the fate of decline.
I find it a bit funny; spending so much effort on AI computing power is less practical than just stabilizing returns.
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HashBrownies
· 11h ago
No matter how flashy the concept is, the coin price speaks for itself.
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StealthMoon
· 11h ago
No matter how amazing the technology is, it can't withstand the market dumping, that's the reality.
Analysis of QUBIC's three-layer Mining model: AI + deflation couldn't stop a 39% fall.
[Coin World] QUBIC, this Layer-1 chain, has recently introduced a three-layer mining concept, combining AI and mining in an interesting way. They are using UPW( Proof of Work), where the Computing Power is not just idling but can also be used to train their AI engine Aigarth—essentially mining while assisting the neural network.
What's even better is that it supports merged mining with privacy coins like Monero. External mining income is directly converted to USDT at half the amount, and tokens are regularly repurchased and then burned on a weekly basis. Logically, this deflationary design should support the coin price, but reality is harsh - over the past month, QUBIC has dropped more than 39%, and the current price is hovering around $0.000000745.
The reason for the decline is not complex: the mining revenue of Monero is itself on a downward trend, and with the entire market adjusting, the token's performance naturally suffers under this dual pressure. The technical model is quite innovative, but when the market does not buy it, any mechanism has to take a back seat.