Monero Hashrate Surges to Near-Record Levels Amidst Steady Price Growth
Monero's network hashrate approaches all-time highs as mining centralization concerns rise.
Monero's network hashrate approaches all-time highs as mining centralization concerns rise. Monero (XMR) is trading at ₹57,665 ($605.29), up 1.3% since this brief published. This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Tue, 27 Oct 2026 01:30:01 UTC.
The rising hashrate indicates growing miner confidence and network security, but increased centralization among top mining pools raises potential decentralization concerns for Monero's privacy-focused blockchain.
- Monero's hashrate nears record at 7.12 GH/s, up from 6.5 GH/s in August.
- Three major mining pools control 60% of Monero's total hashrate.
- XMR price has gained 70% over the past year, currently trading at $597.61.
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- Monero Hashrate Surges to Near-Record Levels Amidst Steady Price Growth — this brief
Monero's (XMR) network hashrate has been steadily climbing, reaching 7.12 GH/s as of Monday, according to 
Bitcoin.com. This figure is approaching the network's all-time high, demonstrating strong miner participation and increased network security.
The report also reveals that three major mining pools dominate the Monero network, accounting for roughly 60% of the total hashrate. This centralization among top mining pools could pose challenges to Monero's core value proposition of decentralization and privacy.
Monero's price has shown consistent growth over the past year, with a 70% increase from $351.53 to its current price of $597.61. Despite this upward trend, the 7-day performance shows a slight decline of 0.66%, indicating potential short-term volatility.
The broader crypto market remains relatively stable with a total market cap of $2.75 trillion. Bitcoin, the leading cryptocurrency, has seen a modest 0.10% increase in the past 24 hours, while the overall market sentiment, as measured by the Fear & Greed Index, stands at 48, indicating a neutral sentiment.
The rising hashrate and price of Monero suggest growing interest and confidence in the privacy-focused cryptocurrency. However, the centralization of mining power among a few pools could be a point of concern for investors and users who value decentralization.
Since this brief published about 2 hours ago, Monero (XMR) has moved from ₹56,933.74$597.61 to ₹57,665.40$605.29 — +1.29%.
The chart plots XMR's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XMR ≈ ₹62,892.66 (about $605.29), up 1.8% over 24 hours. The rupee itself trades about 9.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 27, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Monero Hashrate Surges to Near-Record Levels Amidst Steady P — questions & answers
What is Monero's current network hashrate?
Monero's network hashrate is currently at 7.12 GH/s, approaching its all-time high.
How much has Monero's price increased in the past year?
Monero's price has increased by 70% over the past year, from $351.53 to $597.61.
What percentage of Monero's hashrate do the top three mining pools control?
The top three mining pools control approximately 60% of Monero's total hashrate.
How much is 1 Monero worth in rupee today?
About ₹62,892.66 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $605.29. The rupee price moves with both XMR's US-dollar price and the USDT/INR rate; use our Monero in rupee page for any amount.
Has Monero's price moved since this brief was published?
XMR is up 1.29% since this brief first published — trading at ₹57,665 ($605.29) now versus ₹56,934 ($597.61) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.