Qubic Launches Dogecoin Mining Phase 3: What It Means For DOGE

bitcoinistPublished on 2026-04-24Last updated on 2026-04-24

Abstract

Qubic has fully transitioned to its Dogecoin-focused mining architecture, marking the start of Phase 3 and removing Monero from its operations. The new system dedicates ASICs entirely to mining Dogecoin (DOGE) while CPUs and GPUs are used to train its AI framework, Aigarth—both running simultaneously at full capacity without alternating. The project claims this model offers higher profitability, reporting a 32% increase in daily earnings compared to traditional DOGE mining pools. Additionally, Qubic uses a circular capital mechanism where mined DOGE is sold to buy back its native token QU, which is then distributed to participants. While Qubic’s current hashrate share remains small (around 0.086%), the shift represents a tangible entry into Dogecoin mining. The focus now is on whether the project can scale its operations and impact DOGE mining landscape meaningfully. At the time of writing, DOGE was trading at $0.09791.

Qubic says it has fully transitioned into its Dogecoin-focused mining architecture, marking the start of “Phase 3” and removing Monero (XMR) from its operational stack. The shift consolidates resources into a dual-track system that simultaneously mines Dogecoin (DOGE) and trains its internal AI framework, Aigarth.

Qubic Fully Shifts From Monero To Dogecoin

The change, announced via X, represents a structural pivot rather than an incremental upgrade. “Phase 3 is live. Qubic has completed the Dogecoin mining migration. XMR is out. The new architecture is in full effect,” the team wrote, outlining a system where ASICs are dedicated entirely to DOGE mining, while CPUs and GPUs are fully allocated to AI training.

Previously, Qubic’s architecture required alternating compute resources between mining and AI workloads. That constraint has now been removed. “No more alternating. No more compromises. Both workstreams running simultaneously at full capacity, for the first time ever,” the team said, framing the upgrade as a step toward full resource utilization.

Central to the model is a circular capital mechanism. According to Qubic, “DOGE mined → sold → QU bought back → distributed to computors. The flywheel is spinning.” The design effectively routes mining output into continuous buy pressure for QU, Qubic’s native unit, while maintaining ongoing DOGE production.

Alongside the architectural rollout, Qubic published initial performance data from Day 1 of Phase 3. Using a sample based on the DG1+ ASIC at 13 GH/s, the team compared returns between its system and traditional mining pools.

“Mining DOGE via Qubic → 10,314,425 Qu’s → $7.94/day. Mining DOGE on traditional pools → 62.31 DOGE → $6.02/day. That’s +$1.92/day. ~32% more profit. Same hardware. Same effort. Completely different outcome.”

For Dogecoin itself, the cleanest reading is that Qubic has become a real, but still relatively small, mining participant. A roughly 0.086% hashrate share (2.1 TH/s vs. 2.44 PH/s) is not enough to reshape network security, block production, or DOGE sell pressure on its own. What it does show is that the migration is no longer theoretical: Qubic has live Scrypt hash on the network, and its model is now exposed to the same test that matters for every miner, whether it can scale.

That makes the next phase less about launch rhetoric and more about trajectory. If Qubic’s DOGE hashrate keeps climbing from here, the story will shift from whether the network entered Dogecoin mining to how quickly it can turn an early foothold into something material for DOGE’s mining landscape.

Before the Dogecoin pivot, Qubic used XMR mining as a live proof-of-concept for its Useful Proof of Work model, showing that network compute could be redirected into external mining and then recycled back into the Qubic economy. Over that run, the project said it climbed as high as 45% of Monero’s global hashrate in one epoch, found 3,496 Monero blocks, and at one stage even carried out a public 51% takeover demonstration.

At press time, DOGE traded at $0.09791.

DOGE holds above key support, 1-week chart | Source: DOGEUSDT on TradingView.com

Related Questions

QWhat is the main change Qubic has made in its mining architecture as part of Phase 3?

AQubic has fully transitioned to a Dogecoin-focused mining architecture, removing Monero (XMR) from its operational stack. It now uses ASICs to mine DOGE at 100% capacity while simultaneously using CPUs and GPUs to train its AI, Aigarth, at 100% capacity.

QHow does Qubic's new circular capital mechanism work?

AThe circular capital mechanism works by selling the DOGE that is mined, using the proceeds to buy back Qubic's native token (QU), and then distributing that QU to the network's 'computors'. This creates continuous buy pressure for QU while maintaining DOGE production.

QAccording to the initial performance data, how much more profitable was mining DOGE via Qubic compared to traditional pools?

AAccording to the initial Day 1 sample data, mining DOGE via Qubic was approximately 32% more profitable, yielding $7.94 per day compared to $6.02 per day on traditional pools—a difference of +$1.92 per day using the same hardware.

QWhat was Qubic's previous proof-of-concept before pivoting to Dogecoin, and what did it achieve?

ABefore pivoting to Dogecoin, Qubic used Monero (XMR) mining as a proof-of-concept for its Useful Proof of Work model. It achieved up to 45% of Monero's global hashrate in one epoch, found 3,496 Monero blocks, and even conducted a public 51% takeover demonstration.

QWhat is the significance of Qubic's current hashrate share for the Dogecoin network?

AQubic's current hashrate share of roughly 0.086% (2.1 TH/s vs. the network's 2.44 PH/s) is a real but relatively small contribution. It is not enough to significantly impact network security or block production on its own, but it demonstrates that the migration is operational and the focus is now on whether it can scale its hashrate from this foothold.

Related Reads

Fei-Fei Li's Team Clarifies the Concept of 'World Models', Sora Merely a Renderer

"World Models" has become a widely used yet confusing term in AI. To address this, a team led by Fei-Fei Li and World Labs proposed a functional taxonomy based on the Partially Observable Markov Decision Process framework. This taxonomy categorizes systems called "world models" into three distinct projections: Renderers, Simulators, and Planners. Renderers, like OpenAI's Sora and other video generation models, focus on producing photorealistic visual outputs for human perception. They prioritize visual fidelity over physical accuracy. Simulators, such as NVIDIA Omniverse, aim to compute precise future environmental states for computational tasks like engineering analysis or digital twins. Planners, like Vision-Language-Action models, take in observations and goals to output executable actions for robots or agents. The article clarifies that most current "world models," including Sora, are primarily Renderers. They generate convincing visuals but lack the core ability to simulate state transitions based on actions, a key requirement for a true world model in classic reinforcement learning definitions. This conceptual confusion has practical implications, leading to potential misalignment in technology selection, investment, and public understanding of AI capabilities. Clear categorization is crucial. It helps enterprises avoid costly mistakes (e.g., using a renderer for robot training), allows investors to accurately assess markets, and enables researchers to build comparable benchmarks. While future systems may integrate these functions, recognizing current boundaries is essential for honest assessment and progress.

marsbit4m ago

Fei-Fei Li's Team Clarifies the Concept of 'World Models', Sora Merely a Renderer

marsbit4m ago

Bloomberg Uncovered: How Do China's Wealthy Circumvent the Annual $50,000 Limit to Transfer Assets?

**Summary: How Wealthy Chinese Circumvent $50,000 Annual Foreign Exchange Limits** Despite China's strict capital controls, including an annual $50,000 per person foreign exchange quota, an estimated $150 billion in funds still leaves the country annually via various gray and underground channels. This report outlines the evolution of China's "capital wall" and the methods used to bypass it. **The Evolving Capital Controls:** * **Foundation (1994):** The system of "current account convertibility with strict capital account controls" was established. * **Quota Set (2007):** The $50,000 individual annual forex purchase limit was formalized. * **Crackdown Begins (2015-2017):** Following market volatility, enforcement tightened. Banks were required to scrutinize transactions, and channels like using UnionPay cards for Hong Kong insurance premiums or buying overseas property were blocked. * **Digital & Legal Upgrades (2024-2026):** Enhanced algorithms now flag suspicious patterns (e.g., "smurfing"). The Common Reporting Standard (CRS) provides Chinese tax authorities with data on citizens' offshore accounts. Unlicensed cross-border brokers have been targeted. **Five Primary Methods for Moving Capital:** 1. **Underground Banking / "Hawala" (Duiqiao):** The largest-scale method. No money crosses borders. Clients pay RMB to a domestic account; an overseas associate deposits equivalent foreign currency into the client's offshore account. Risks include high fees, account freezes, and legal penalties. 2. **"Smurfing" or "Ant Moving":** Using multiple individuals' $50,000 quotas to pool funds for one offshore recipient. Increasingly detected by anti-money laundering algorithms. 3. **Trade Invoice Manipulation:** Businesses over-invoice imports or under-invoice exports via offshore shell companies, creating a pretext to transfer excess funds abroad under the guise of trade. 4. **Channel Migration:** After a crackdown on internet brokers, funds flow toward more compliant but costly channels like major banks' cross-border wealth management services or Qualified Domestic Institutional Investor (QDII) quotas. 5. **Structural Arrangements:** High-net-worth individuals use complex, high-cost legal structures involving offshore trusts, insurance, and investment migration programs to transfer asset ownership. **Regulatory Response: Focusing on People, Not Just Money** The current strategy extends oversight from enterprises to **individual residents**. Tools like CRS allow retroactive visibility into offshore assets. Cryptocurrencies, once seen as a potential loophole, are now actively monitored and prosecuted as an illegal channel. The underlying driver remains: with significant wealth concentrated among millions of affluent households seeking diversification amid domestic economic shifts, the incentive to move assets offshore persists despite regulatory barriers.

marsbit24m ago

Bloomberg Uncovered: How Do China's Wealthy Circumvent the Annual $50,000 Limit to Transfer Assets?

marsbit24m ago

Ethereum's Ballmer Moment: As Everyone Is Bearish, the Circulating Supply Is Disappearing

"Ethereum's Ballmer Moment: Circulation Shrinks Amid Bearish Sentiment" Amid widespread bearish sentiment, with prominent figures like Bankless founder David Hoffman selling ETH and young developers flocking to Solana, some argue Ethereum is entering its "Ballmer era"—akin to Microsoft's perceived stagnation under Steve Ballmer. While surface-level criticisms about slow protocol development, cautious leadership, and competitive pressure are valid, underlying fundamentals tell a different story. Approximately 30% of ETH is staked, major holders like BitMine are accumulating, and spot ETFs continue to absorb supply. Regulatory clarity, including the SEC/CFTC's March ruling on staking rewards and the potential passage of the CLARITY Act, is transforming crypto from a regulatory threat into a legitimized framework. This institutionalization, alongside a shrinking circulating supply (with net issuance around 0.23% annually), creates significant buy-side pressure independent of fee-based value capture. The broader crypto total addressable market is expanding through regulated stablecoins, tokenized assets, and institutional adoption. While public chains face competition from permissioned alternatives, the winning model appears to be permissioned assets settling on public chains like Ethereum and Solana. The author advocates a non-maximalist, barbell strategy: holding ETH for its institutional role and supply squeeze, SOL for consumer/throughput trends, BTC as a macro hedge, and a basket of next-gen L1s. Key bullish drivers for ETH include rapid circulation shrinkage, potential Q2 staked ETF approvals, regulatory tailwinds solidifying its role as a default settlement layer, and the optionality of an eventual "Satya moment" leadership shift. Despite bearish consensus, the current setup—where crypto is "not hot" and regulatory groundwork is being laid—presents a compelling investment opportunity. The crypto cycle's focus may have shifted to AI, but blockchain infrastructure is gaining a legal and institutional foothold precisely while attention is elsewhere.

marsbit24m ago

Ethereum's Ballmer Moment: As Everyone Is Bearish, the Circulating Supply Is Disappearing

marsbit24m ago

Trading

Spot
Futures

Hot Articles

What is DOGE M

Doge Matrix ($doge m): The New Breed of Community-Driven Cryptocurrency Introduction In the ever-evolving landscape of cryptocurrency, new projects constantly emerge, each aiming to capture the interest of investors and enthusiasts alike. One of the latest entrants to this domain is Doge Matrix, represented by the ticker symbol $doge m. This project has attracted attention thanks to its roots in the popular meme culture surrounding Dogecoin, establishing its place within the web3 space. This article aims to provide a comprehensive analysis of Doge Matrix, covering its overview, creator, investors, functionality, timeline, and notable aspects. What is Doge Matrix ($doge m)? Doge Matrix is a community-driven cryptocurrency project that seemingly builds upon the widespread appeal of Dogecoin, a digital currency known for its Shiba Inu mascot and its meme origins. While the overarching objectives of Doge Matrix are not extensively defined, it is characterized by a commitment to harnessing community involvement and support. Unlike traditional cryptocurrencies that often emphasize utility or intrinsic value through underlying technologies, Doge Matrix positions itself within a space that embraces the cultural phenomenon of cryptocurrencies, particularly appealing to those who resonate with the ethos of meme-based assets. Drawing on the strengths of the Dogecoin community, Doge Matrix operates as part of a broader ecosystem, inviting participation and engagement from users who share an interest in cryptocurrency and the digital landscape. Who is the Creator of Doge Matrix ($doge m)? The identity of the creator of Doge Matrix remains unknown. This lack of transparency is not an uncommon occurrence in the cryptocurrency space, where some projects are launched without revealing the identities of their founders. The absence of information regarding the founding team can raise questions among potential investors about the project’s accountability and direction. Who are the Investors of Doge Matrix ($doge m)? As it stands, there is no publicly available information detailing the investors or investment foundations that back Doge Matrix. The project appears to rely primarily on community support rather than institutional investment. This model aligns with the community-driven nature of the initiative, fostering an environment where the direction of the project is shaped by its participants rather than being dictated by a select few financial backers. How Does Doge Matrix ($doge m) Work? The specifics regarding the operational mechanisms of Doge Matrix are somewhat vague, reflecting a broader trend of projects in the meme coin space where innovative functionalities are not always clearly articulated. Nonetheless, Doge Matrix seems designed to tap into the existing cryptocurrency ecosystem by encouraging user participation while tapping into the familiar cultural references associated with Dogecoin. Its potentially unique characteristics derive from community interactions rather than technological advancements, emphasizing shared experiences and collaboration among token holders. While the exact innovations have not been explicitly outlined, the project appears to create a space where community members can engage, share ideas, and propel the project's potential forward. Timeline of Doge Matrix ($doge m) Reflecting on the project’s timeline reveals notable events that have defined its journey thus far: November 25, 2024: Doge Matrix reached its all-time high value, marking a significant milestone in its early history. January 1, 2025: Conversely, Doge Matrix hit its all-time low value, illustrating the volatility often associated with cryptocurrencies, especially in the early stages of a project's lifecycle. Ongoing: The project continues to be actively traded and supported by its community, although specific future milestones or objectives have yet to be disclosed. Key Points About Doge Matrix ($doge m) Community Focus At the heart of Doge Matrix is a commitment to community engagement. The project thrives on the premise of collaboration and shared objectives among its members, emphasizing the importance of collective effort. Unlike centralized projects that often have a defined leadership structure, Doge Matrix at present showcases a more fluid approach to governance, where every community member's voice matters. Volatility The cryptocurrency market is notorious for its volatility, and Doge Matrix is no exception. Its price history reflects significant fluctuations between high and low values, which is typical of many new cryptocurrencies but underscores the risks associated with investment in emerging tokens. Lack of Detailed Information One of the most striking features about Doge Matrix is the scarcity of detailed information regarding its technological underpinnings and operational mechanisms. This ambiguity necessitates that potential investors conduct thorough due diligence before engaging with the project. Conclusion In summary, Doge Matrix ($doge m) illustrates a new wave of cryptocurrency projects that lean heavily on community engagement and cultural relevance. While lacking in certain specifics—such as clear leadership, defined objectives, and detailed functionality—the project has managed to generate interest within the crypto community, leveraging the established appeal of meme culture. As with any investment in the cryptocurrency space, understanding the inherent risks and conducting comprehensive research is essential for potential participants. Doge Matrix stands as a reminder of the dynamic, sometimes unpredictable nature of the crypto industry, marked by constant evolution and enthusiasm for community-driven initiatives.

3.6k Total ViewsPublished 2025.02.03Updated 2025.02.03

What is DOGE M

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of DOGE (DOGE) are presented below.

活动图片