Monero (XMR) Hashrate Surges 77% in One Day, Reaches New All-Time High. Hack May Be Involved – CryptoComes

August 7, 2020 By admin


According to public Monero (XMR) network charts, the hashrate of this privacy-focused altcoin skyrocketed yesterday, Aug. 6. Monero (XMR) contributors are guessing what is behind this unusual increase.

Monero (XMR) hashrate surges 77% in one day

Monero (XMR) protocol contributor Paul Shapiro has noticed that something unusual is going on with Monero (XMR) mining statistics. Its hashrate (net quantity of hashes calculated by all computers active in a blockchain per second) gained an enormous 77 percent in 24 hours.

According to Coinwarz multi-chain explorer, Monero (XMR) has updated its all-time high in terms of hashrate levels. With a new maximum of 2.82 GH/s, it is up 105 percent from the previous ATH registered on February 17.

Monero (XMR) hashrate sets new all-times high

Image by Coinwarz

At press time, the Monero (XMR) hashrate is slowly returning to normal levels.

Monero (XMR) community members are trying to figure out which process may be responsible for this enormous hashrate upsurge. Mr. Akhmed Kamal, entrepreneur and developer, expressed his concerns about possible problems with the Monero (XMR) mining algorithm:

Really hoping that’s not RandomX being broken.

Along with that comment,