CMBI Bitcoin Observed Work

CMBI Bitcoin Observed Work

CMBIWORK

The CMBI Bitcoin Observed Work (CMBIWORK) is designed to be a reactive, responsive and manipulation resistant measure of the amount of mining activity being conducted on the Bitcoin Network thoughout a 24 hour period.

Return

66,486.41 as of most recent NY market close
24hr return -1.22%
year to date -3.85%

Performance

Time Returns Range
1D -1.22% 66,486.41 - 67,307.61
7D -4.68% 62,888.19 - 69,748.81
1M -1.02% 59,326.20 - 72,305.71
3M +2.26% 56,122.58 - 72,305.71
1Y +62.54% 40,518.43 - 72,305.71
2Y +213.19% 20,679.70 - 72,305.71
MTD -3.85% 59,326.20 - 72,305.71
QTD -3.85% 59,326.20 - 72,305.71
YTD -3.85% 59,326.20 - 72,305.71
Q4:24 +31.75% 52,487.85 - 71,505.32
Q3:24 +3.30% 43,600.01 - 60,888.21
Q2:24 -3.30% 42,053.07 - 59,546.40
Q1:24 +14.50% 36,773.35 - 57,213.37

Volatility

3 MONTHS87.32%
6 MONTHS91.67%
1 YEAR99.02%
2 YEARS103.37%

Sharpe

1 YEAR0.928
2 YEARS1.015
5 YEARS0.857

Sortino

1 YEAR1.439
2 YEARS1.551
5 YEARS1.280

About The Index

The Coin Metrics Bletchley Index (CMBI) Mining Series are institutionally designed cryptoasset benchmarks that accurately and reliably represent the performance of the total Bitcoin network’s mining activity.

The CMBI Bitcoin Observed Work (CMBIWORK) is an aggregate representation of the previous 24hrs of CMBI Bitcoin Hash Rate Index data, used to reflect the implied number of hashes conducted over the previous 24hr period.

Index levels are calculated from the most recent block data received by Coin Metrics owned and operated Bitcoin nodes.

Key Information

Name CMBI Bitcoin Observed Work
Base date 2015-01-02
Base value 27.86
Constituents Bitcoin
Base unit Zettahashes per day
Administrator Coin Metrics

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Historical Data

Date Open High Low Close
Jan 19, 2025 67,307.61 67,367.00 66,312.80 66,486.04
Jan 18, 2025 65,127.45 67,307.57 65,127.45 67,307.57
Jan 17, 2025 62,888.19 65,126.96 62,888.19 65,126.96
Jan 16, 2025 65,840.02 65,840.02 62,740.98 62,887.95
Jan 15, 2025 66,957.88 67,607.81 65,841.34 65,841.34
Jan 14, 2025 68,700.76 68,700.76 66,667.52 66,957.42
Jan 13, 2025 69,748.81 69,748.81 68,700.88 68,700.88
Jan 12, 2025 66,955.10 70,199.02 66,955.10 69,749.64
Jan 11, 2025 68,852.76 68,885.42 66,460.95 66,954.29
Jan 10, 2025 65,270.63 68,852.56 65,270.63 68,852.56
Jan 9, 2025 59,326.20 65,269.94 59,326.20 65,269.94
Jan 8, 2025 60,468.67 60,468.67 59,210.00 59,325.88
Jan 7, 2025 66,551.49 66,551.49 60,468.88 60,468.88
Jan 6, 2025 70,298.93 70,298.93 66,552.14 66,552.14
Jan 5, 2025 68,438.22 71,024.78 68,438.22 70,299.91
Jan 4, 2025 70,575.12 70,575.12 67,962.70 68,437.86
Jan 3, 2025 72,305.71 72,563.57 70,575.78 70,575.78
Jan 2, 2025 64,960.67 72,305.26 64,960.67 72,305.26
Jan 1, 2025 65,443.89 65,443.89 63,277.97 64,959.40
Dec 31, 2024 69,151.30 69,151.30 65,422.19 65,444.38
Dec 30, 2024 70,125.96 70,975.33 69,152.28 69,152.28
Dec 29, 2024 70,747.29 70,849.06 69,967.97 70,125.78
Dec 28, 2024 66,657.49 70,747.17 66,657.49 70,747.17
Dec 27, 2024 64,914.55 66,656.56 64,912.44 66,656.56
Dec 26, 2024 65,512.67 65,512.67 64,914.67 64,914.67