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QUBIC Mining Strategy Shift: Targeting Dogecoin Next
QUBIC is making a strategic pivot in its mining operations. After establishing dominance in Monero hashrate, the project is now shifting focus toward Dogecoin—a calculated move to diversify mining revenue streams while maintaining market presence.
Here's the deflationary mechanics at play: Mining profits from both XMR and DOGE mining get redirected into a buyback-and-burn program for QUBIC tokens. But there's more. The project commits 100% of smart contract fees directly to permanent token burning, creating a dual pressure system that shrinks supply while ramping up buying pressure.
The logic is straightforward—constant downward pressure on token supply paired with consistent buy-side activity should create structural support for the token. It's a textbook deflationary engine designed to align mining economics with token value preservation.