
Today when I searched dogecoin on my mobile browser and clicked on the news tab these people mining doge where the top news article. I am not naming them as I dont want the fud, shill, ai slop stuff I AM GENUINELY WONDERING AND UNCERTAIN AS TO WHAT IT MEANS
I've been seeing mentions of this "not a joke" campaign from this project and sat down and looked into it for half an hour.
From what I can tell, it is some kind of AI network that has been doing things with mining. They previously 51% attacked the Monero network and now apparently have something DOGE-related going live around April 1?!?
I'm coming at this from a "what does this mean for the DOGE network and community" angle rather than a mining profitability angle – I don't mine, I just hold and use DOGE. u/Fluvio-55 I am hoping you may see this and help explain what's going on with these guys please!
The question I want to discuss is if an AI compute network starts mining DOGE, is that a good thing for network security? Or does it raise concerns about where the hashrate comes from and who controls it (can they 51% attack us?).
I understand that having the majority of hashrate can be dangerous, can they do this with doge or is our hashrate too high? I read they did this with XMR (monero) but I dont understand what they actually did when they hit it? How will this impact our price (up/down/sideways?)
Would love to hear from people who actually understand the network security side of this better than I do🙏 .
https://i.redd.it/w748a48du7sg1.png
Posted by Various_Virus_3441