Recently, a striking phenomenon has emerged in the cryptocurrency space. A mining pool named Qubic has rapidly risen to prominence within a few months, becoming a major player in the Monero network. Qubic's Computing Power share has reached an impressive 30% or more, with peaks even touching 1.97 GH/s. However, this data shows significant volatility, fluctuating between high and low.

The uniqueness of Qubic lies in its innovative 'Useful Proof of Work' technology. This approach is not only used for mining Monero but can also rent out Computing Power resources for other cryptocurrencies or related applications that require Proof of Work, achieving diversified utilization of Computing Power.

Recently, the head of Qubic, Come-from-Beyond, publicly stated that due to the mining pool's Computing Power being close to half of the network's total Computing Power, they are actively communicating with the Monero community to explore how to address the potential risk of a 51% attack. As a precautionary measure, Qubic has suspended reporting its Computing Power data to statistical platforms such as MiningPoolStats.

Overall, the rise of Qubic reflects the following key points:
1. Qubic has quickly become a major Computing Power contributor in the Monero network.
2. Its unique technology allows for the diverse application of Computing Power resources.
3. In the face of potential centralization risks, the mining pool management has shown a responsible attitude.
4. To avoid causing market panic, Qubic has chosen not to disclose detailed Computing Power data temporarily.

This event has attracted widespread attention in the cryptocurrency community. Although the concentration of Computing Power on a large scale may pose risks, Qubic's proactive attitude and willingness to address issues have been recognized. Cryptocurrency enthusiasts are closely watching the follow-up dialogue between Qubic and the Monero community, hoping to see them develop solutions that balance network security and efficiency. This case also provides valuable references for other cryptocurrency projects facing similar challenges.