Monero Hashrate Hits 7.06 GH/s, 93.6% of All-Time Record

Hashrate Within 6.4% of Record

Monero (XMR) was changing hands near $608 on Tuesday, 3.1% higher across the previous 24 hours, and the quote stands 72.7% above where the privacy-focused altcoin traded a year earlier. The distance to the top is the other half of that pairing: the token set its all-time high near $798 in January, so Tuesday's level still sits roughly 24% below the mark even after the strong year. The one-year figure is what the tape shows; the mining buildout is what the network itself shows. Mining activity has climbed with the price. Data from mining statistics platforms shows the network hash rate at about 7.06 GH/s early on Tuesday, 93.6% of the all-time record of 7.54 GH/s set on Jan. 16. The remaining gap between the two reads only 6.4%, against a 12.93% increase over 30 days and a 31.31% increase over 90 days, so the approach to the record is recent and steep rather than a slow drift. Hash rate is the total computing power miners commit to the chain, and the higher it runs, the more an attacker would have to spend to rewrite blocks that every node keeps. A year of 72.7% appreciation with security capacity expanding in step is an unusual combination in this market, where price rallies often outrun the mining base. Price and hash rate do not always travel together, either: miners switch machines off when rewards fail to cover electricity, so a record within reach speaks to sustained mining economics rather than one strong week. Market data puts the live spot trading quote at $608.31, against the $602 area recorded when the hash rate was measured earlier in the morning, with fresh compute following the higher rewards onto the Monero network.

Three Pools Hold 60% of Compute

RandomX, the algorithm the Monero (XMR) chain mines with, is built so that ordinary CPUs can take part, a design intended to keep participation spread across many machines instead of concentrated in specialized hardware farms. The algorithm decides who may mine, but it does not decide where miners point their machines, and the pool data shows the second question is where the concentration now sits. Shares recorded on Monday, Oct. 26, put SupportXMR at 26.3% of total hash rate, NanoPool at 17.3% and Criptex at 16.4%, so the three largest pools together held about 60% of the network's compute. Two of those pools coordinating would already control more than a third of block production, which moves the concentration debate from theory toward something measurable. Pool shares can shift quickly because miners switch at will, the standard counterargument, yet a 26.3% leading share is not a small lead to unwind. Monero's team has answered the criticism in its own words, saying the project is “dedicated to providing the highest level of decentralization in both network security and code development.” The rewards side cuts both ways. Compared with a year ago, each block reward converts into far more dollars at a $608 quote than it did before the 72.7% run, but difficulty rises as compute arrives, so the higher price does not guarantee any individual miner a profit. Whether mining Monero still pays in 2026 therefore depends on the difficulty curve as much as on the coin's quote. The privacy design remains the other pillar, with Kovri, the project's traffic-obfuscation layer, working alongside Monero's transaction privacy to keep senders and amounts out of public view. If the network does push through 7.54 GH/s, the same three pools would be the ones sitting nearest the new record, which raises the stakes of the question at exactly the moment the security headline is strongest.

$608 Spot, 24% Below January High

Our data desk reads the session this way: Monero (XMR) trades at $608.31, up 3.1% over 24 hours, against the $602 area recorded when the hash rate was measured, with market cap near $11.46 billion and 24-hour volume of $91.2 million. The two references this piece has held against each other, the January high near $798 and Tuesday's quote, remain about 24% apart, a gap that a 72.7% year has closed only partway. Levels on our Monero technical analysis page track the same pair of numbers. Prior coverage of the coin's outlook had it tipped to outperform Bitcoin into year-end; a hash rate within 6.4% of its record is the mining side of that same bet.