Monero hashrate reaches 7.12 GH/ s: What it means for the Monero price

Monero (XMR) network hashrate reached 7.12 GH/s on October 26, 2026, according to CryptoNews. The report also described mining-pool concentration, while the Monero price stood at 593.08 USD as of October 28, 2026.

Monero network reaches 7.12 GH/s

Hashrate is the computing power used to secure a proof-of-work blockchain. CryptoNews reported on October 27, 2026, that Monero's network reached 7.12 gigahash per second on October 26, 2026, citing Miningpoolstats data dated October 26. The report said three large mining pools controlled 60 percent of the network's computing power.

The concentration figure gives the network metric a second dimension: total computing power and its distribution are different measures. CryptoNews also reported that the network had reached 7.54 GH/s at block height 3,589,072, a separate historical reading attributed to Coinwarz.

October 16 software release fixes two checks

The Monero project released version 0.18.5.4, named Fluorine Fermi, on October 16, 2026. In the official announcement, Monero said the minor release included bug fixes for DNSSEC validation covering checkpoints, blocklists and update checks.

The same release restored string-to-integer conversion in JSON requests. The project said that behavior is scheduled for removal in version 0.19 as a breaking change, so the October 16, 2026, release preserves current compatibility while identifying a later software transition.

Monero price stands at 593.08 USD

The Monero price stands at 593.08 USD as of October 28, 2026, down 2.11 percent compared with the UTC daily close of October 27, 2026, according to Investing.com. The daily high is 595.00 USD and the daily low (UTC day) is 562.36 USD. Market capitalization is 11.17 billion USD, ranking Monero 12th, while 24-hour volume is 105.87 million USD. Circulating supply is 18.82 million XMR.

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