Deep Dive
1. Epoch 175 Halving (Bullish Impact)
Overview:
Qubic’s August 20, 2025 halving will slash weekly emissions from 850B to 425B QUBIC by increasing burns from 15% to 55%. Annual supply growth drops to 23.4T tokens, delaying the 200T cap by ~4 years. Historical burns (10.5T+ QUBIC via SC-IPOs) suggest this could amplify scarcity.
What this means:
Reduced sell pressure from miners and accelerated deflation (QUBIC is burned for network services) may support prices if demand holds. However, the 120T circulating supply remains a headwind for volatility.
2. Monero Mining Controversy (Bearish Risk)
Overview:
Qubic’s “useful PoW” model directs miners to attack chains like Monero (18-block reorgs in September) and Dogecoin (planned), converting rewards to buy/burn QUBIC. This contributed to QUBIC’s 23% 90-day rally but triggered exchange suspensions (Kraken halted XMR deposits).
What this means:
While the buybacks are deflationary (Coindesk), sustained attacks risk regulatory crackdowns and reputational damage. QUBIC’s 29% 60-day drop reflects market skepticism.
3. MERGE Madrid AI Push (Mixed Impact)
Overview:
Qubic’s October 7–9 showcase at MERGE Madrid targets Spanish-speaking markets via AI integration demos, no-code tools (EasyConnect), and developer outreach. The event follows July’s RaiseHack (6K+ participants), aiming to onboard 1M users.
What this means:
Successful adoption could validate Qubic’s 40M TPS smart contracts and decentralized AGI narrative. However, the 8.84% 24h price drop suggests muted excitement ahead of the event.
Conclusion
QUBIC’s future hinges on balancing deflationary tokenomics against ecosystem risks. The halving and Madrid event offer near-term catalysts, but Monero-related volatility and high circulating supply (125.9T) cloud the outlook. Will Qubic’s AI use cases offset its “blockchain privateer” reputation? Monitor burn rates and MERGE partnership announcements.