BroadChain News, April 24, 21:30, according to Bitcoinist, Qubic announced the completion of a full migration to the Dogecoin (DOGE) mining architecture, officially launching "Phase 3" and removing Monero (XMR) operations. The new architecture adopts a dual-track system: 100% of ASIC devices are used for DOGE mining, while CPU/GPU are fully dedicated to training its internal AI framework Aigarth, with no alternating allocation of computing power.
Qubic stated that this model operates through a circular capital mechanism: the mined DOGE is sold, and the proceeds are used to repurchase its native token QU and distribute it to computing nodes, creating sustained buying pressure. First-day data shows that using a DG1+ ASIC (13 GH/s) for mining via Qubic yields a daily profit of $7.94, approximately 32% higher than the $6.02 from traditional mining pools.
Currently, Qubic's hashrate share on the DOGE network is about 0.086% (2.1 TH/s vs 2.44 PH/s), which is still small and insufficient to impact network security or block production. However, this migration has shifted from theory to reality, and whether it can expand its hashrate share in the future will determine its actual impact on the DOGE mining landscape. As of press time, DOGE is trading at $0.09791.