Monero Hashrate Nears Record Highs as XMR Price Gains 70% in a Year

Monero's network hashrate is near historic highs at 7.12 GH/s, with three major mining pools controlling about 60% of that total. XMR price has gained 70% in a year. The mining distribution shows significant centralization among a few pools, which could impact network security and decentralization.