Operation Endgame and how botnet masters are fighting against implementing a hybrid RandomX+PoS upgrade to Monero.
As probably many of you don't know, in May 2024 there was a huge attack on botnets which caused the monero RandomX hashrate to drop almost 40%.
"According to reports, the Monero hashrate experienced a significant drop following Operation Endgame, a major international law enforcement operation targeting botnets.
One report notes that Monero's hashrate dropped from 2.9 gigahash on May 29 to 1.78 gigahash on May 31, a loss of more than one-third of the total hashrate in just two days. This coincided directly with the timing of Operation Endgame, which took place between May 27 and May 29, 2024.
This sharp decline in hashrate is believed to be directly linked to the dismantling of botnet infrastructure, as Monero's CPU-friendly mining algorithm makes it a popular target for cryptojacking malware. The takedown of several key "droppers" and other malicious software families used to infect devices likely crippled a large portion of the illicit mining operations, causing the hashrate to plummet."
This draws me to a conclusion that malicious actors are now back in one form or another. Botnets still control a vast part of monero network and mined XMRs are being ruthlessly sold on the open market thus keeping the price under 500$.
i even suspect that the biggest proponents (or let's call it a cult) of the PoW only concensus are most likely directly or indirectly involved in the botnet profit scheme.
What role does "Qubic" have in this, and how do they manage to pull out 35% of the hash lliterally every day on and off like turning on and off a light switch, remains to be investigated. I suspect is a scheme provoked by the same ones that don't want the PoW-only botnet-friendly concensus to change.
The strongest argument i have is that Qubic seems afraid of damaging the Monero network completely, or creating a sort of attack that would ruin the credibility of the Monero network and cause a massive drop in $ value. That is because the profit of botnet mining would then also drop significantly.
submitted by /u/vekypula
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