ZEC's 125% Monthly Surge Boosts Miner Revenue, Hashrate Hits Record Highs
Recent data shows Zcash (ZEC) has risen roughly 125% month-over-month, a rally that has materially increased miner revenue and lifted the network's computational power to new highs. The token spiked an additional 18% in intraday trading, and that elevated profitability has made ZEC the top proof-of-work target for miners, with bitcoin mining now ranking second by profit. The hashrate climb signals more machines are dedicating resources to Zcash, strengthening block production and resistance to attacks.
The shift matters because higher miner incentives can accelerate difficulty adjustments and shorten block times, altering fee dynamics and short-term supply. For investors and infrastructure operators, ZEC's performance highlights renewed interest in privacy-focused PoW projects and could prompt reallocation of hashpower across networks. Market watchers will be watching whether sustained prices keep hashrates elevated or trigger a redistribution back to other major PoW chains.