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

73,088.68 as of most recent NY market close
24hr return +1.10%
year to date +5.69%

Performance

Time Returns Range
1D +1.10% 72,293.75 - 73,088.68
7D +8.42% 66,934.70 - 75,557.01
1M +9.28% 63,994.51 - 75,557.01
3M +9.65% 59,326.20 - 79,172.72
1Y +47.19% 42,053.07 - 79,172.72
2Y +165.52% 26,287.68 - 79,172.72
MTD -0.51% 63,994.51 - 75,557.01
QTD +5.69% 59,326.20 - 79,172.72
YTD +5.69% 59,326.20 - 79,172.72
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 MONTHS93.46%
6 MONTHS88.76%
1 YEAR95.18%
2 YEARS100.77%

Sharpe

1 YEAR0.827
2 YEARS0.934
5 YEARS0.899

Sortino

1 YEAR1.267
2 YEARS1.418
5 YEARS1.344

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
Mar 27, 2025 72,293.75 73,088.38 72,293.75 73,088.38
Mar 26, 2025 71,732.69 72,301.85 71,528.56 72,293.50
Mar 25, 2025 73,712.68 73,756.67 71,733.07 71,733.07
Mar 24, 2025 75,557.01 75,748.11 73,622.43 73,712.43
Mar 23, 2025 71,265.27 75,556.84 71,265.27 75,556.84
Mar 22, 2025 66,934.70 71,264.71 66,934.70 71,264.71
Mar 21, 2025 67,411.32 67,411.32 66,729.57 66,934.28
Mar 20, 2025 70,191.17 70,435.98 67,412.11 67,412.11
Mar 19, 2025 68,544.14 70,190.75 68,544.14 70,190.75
Mar 18, 2025 66,392.89 68,543.39 65,684.13 68,543.39
Mar 17, 2025 66,001.53 67,264.47 66,001.53 66,393.77
Mar 16, 2025 65,661.22 66,131.65 65,661.22 66,000.94
Mar 15, 2025 68,009.23 68,009.23 64,975.20 65,661.01
Mar 14, 2025 72,384.56 72,384.56 68,010.11 68,010.11
Mar 13, 2025 71,493.08 73,256.02 71,493.08 72,384.94
Mar 12, 2025 70,745.35 71,492.83 70,725.74 71,492.83
Mar 11, 2025 71,321.82 71,321.82 69,568.17 70,744.81
Mar 10, 2025 72,234.12 73,135.93 71,322.53 71,322.53
Mar 9, 2025 68,753.90 72,307.04 68,753.90 72,234.37
Mar 8, 2025 68,866.23 68,866.23 67,137.88 68,753.06
Mar 7, 2025 71,284.28 71,354.73 68,866.89 68,866.89
Mar 6, 2025 67,029.59 71,283.79 67,029.59 71,283.79
Mar 5, 2025 66,247.75 67,028.68 65,135.60 67,028.68
Mar 4, 2025 63,994.51 66,606.35 63,994.51 66,248.12
Mar 3, 2025 65,004.84 65,354.25 63,883.21 63,994.34