x86: 0.875 performance: 0.813 graphic: 0.777 mistranslation: 0.587 device: 0.536 semantic: 0.518 files: 0.501 architecture: 0.424 i386: 0.406 socket: 0.358 boot: 0.318 network: 0.311 vnc: 0.239 permissions: 0.226 virtual: 0.222 ppc: 0.219 user-level: 0.206 register: 0.192 PID: 0.162 peripherals: 0.129 kernel: 0.128 debug: 0.122 risc-v: 0.120 VMM: 0.112 hypervisor: 0.106 arm: 0.104 assembly: 0.104 TCG: 0.074 KVM: 0.033 qemu-system-x86_64 version 3.0+ is 20 times slower than version 2.12 version 3.0+ is 20 times slower than version 2.12 I wrote a small 64-bit operating system (SIGMAOS) in which I use the lzma decoder. unpacking the file takes 20 times slower than in version 2.12. You can download it from https://drive.google.com/drive/folders/0B_wEiYjzVkC0ZGtkbENENzF1Nms Your linked drive doesn't seem to have any readme or documentation for how this is invoked. Please see: https://www.qemu.org/contribute/report-a-bug/ Specifically the host/guest details and the full command line that you have used to run this binary. As developers may be wary about running on unknown binary on their systems you may find it quicker to do some experiments yourself. If you run qemu under perf for 2.12 and 3.0+ (or current git) that might give some indication about what has changed. [Expired for QEMU because there has been no activity for 60 days.]