Monero Hashrate Reaches New All-Time High

by Stephen Douglas
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Monero Hashrate Reaches New All Time High
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Monero Hashrate Reaches New All-Time High
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The hashrate of Monero, a cryptocurrency known for its emphasis on privacy and securityreached a new historical record of 4.1 GH/ssurpassing the previous mark of 3.2 GH/s recorded in January 2022.

Experts attribute this increase to the arrival of more efficient hardware. Models like the Antminer X5 from Bitmainlaunched in 2023 and optimized for Monero mining, have played a central role.

Additionally, high-performance CPUs, such as AMD Ryzen 9 7950X and the Intel Core i9-13900Kare pointed out as decisive factors in expanding the network’s processing capacity.

Another relevant element is the hashrate migration. Miners often move their computing power to more profitable networks, and the XMR price growth — Monero’s native token — makes this network more attractive.

Monero’s appreciation reinforces interest in the network

After a slight increase of 2%, the price of XMR surpassed the $200consolidating annual growth of 30.8%. This performance highlights the resilience of the currency, especially after adversities such as the departure of Monero from Binance, the largest exchange on the market, which occurred in 2024.

However, it is not just Binance that has been announcing the delisting of XMR, the cryptocurrency has faced increasing regulatory pressure, resulting in its ban from several exchanges around the world.

The main reason for Monero’s removal from trading platforms is its anonymity feature, which makes it difficult to track transactions. Regulatory authorities express concern that this opacity could facilitate illicit activities such as money laundering and terrorist financing.

In response, exchanges have chosen to delist XMR to comply with compliance standards and avoid sanctions. In addition to Binance, companies like Kraken have already removed Monero from circulation and other large exchanges, such as Coinbase and Bitget, continue without listing the asset.

In Brazil, the Central Bank has already declared that, among the rules for the cryptocurrency market, is the banning of coins focused on privacy, such as Monero.

Monero Hashrate Reaches New All-Time High

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Monero Hashrate Reaches New All-Time High

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