Zcash Network Hashrate Shows Stability and Growth

Zcash (ZEC) network hashrate has recently stabilized between 13 and 14 GSol/s, with the latest level around 13.5 GSol/s. According to BlockBeats On-chain Detection, this indicates a high level of network security and stable miner participation. Compared to a month ago, the ZEC network hashrate was approximately between 12.5 and 13.0 GSol/s, reflecting an overall increase of about 5% to 8% over the past 30 days. This growth is primarily driven by improved mining profitability and the return of some hashrate, along with changes in mining pool structures affecting hashrate distribution. Market analysts suggest that if the demand for privacy-focused projects continues to recover, coupled with improved price expectations, the ZEC network hashrate may have further upward potential in the short term.