Monero (XMR) Closer to 51% Attack Than Ever Before, Here's Why

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Monero (XMR) Closer to 51% Attack Than Ever Before, Here's Why
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Largest Monero $XMR mining pool becomes too influential, 51% attack in the cards? w/ DontTraceMeBruh Monero XMR

According to his estimations, the largest pool is responsible for 45% of the total Monero hashrate, i.e., the net number of hashes calculated in the network. However, the statistics provided by MINEXMR itself is even more impressive.As of today, on Feb. 15, 2022, MINEXMR is responsible for almost 51% of Monero's hashrate while, at some moments, its dominance eclipsed 52%.

@DontTraceMeBruh claims that Monero's independence can be protected only by miner migration to smaller mining pools. Even malware distributors can help Monero to become healthier, he added.As the hashrate share of MINEXMR spiked rapidly in last 48 hours, the speaker attributed it to the activity of botnets and malware miners.

As covered by U.Today previously, Monero's "hidden mining" malware is among the most dangerous cyberthreats in the Web3 segment right now.

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