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

67,682.41 as of most recent NY market close
24hr return +6.73%
year to date +47.50%

Performance

Time Returns Range
1D +6.73% 63,412.04 - 67,682.41
7D +4.10% 59,561.03 - 67,682.41
1M +29.85% 52,122.92 - 68,013.96
3M +18.11% 48,063.48 - 68,013.96
1Y +75.97% 35,828.95 - 68,013.96
2Y +198.06% 16,591.93 - 68,013.96
MTD +28.95% 52,487.85 - 68,013.96
QTD +28.95% 52,487.85 - 68,013.96
YTD +47.50% 36,773.35 - 68,013.96
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
Q4:23 +32.22% 34,101.46 - 50,417.77

Volatility

3 MONTHS93.47%
6 MONTHS99.52%
1 YEAR105.25%
2 YEARS104.90%

Sharpe

1 YEAR1.009
2 YEARS0.992
5 YEARS0.901

Sortino

1 YEAR1.532
2 YEARS1.509
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
Oct 28, 2024 63,412.04 67,682.24 63,412.04 67,682.24
Oct 27, 2024 59,561.03 63,411.08 59,455.13 63,411.08
Oct 26, 2024 60,474.13 60,559.10 59,561.10 59,561.10
Oct 25, 2024 59,788.18 60,473.96 59,770.95 60,473.96
Oct 24, 2024 59,648.03 59,998.70 59,647.10 59,788.35
Oct 23, 2024 60,338.09 60,338.09 59,342.52 59,648.00
Oct 22, 2024 65,015.55 65,015.55 60,338.59 60,338.59
Oct 21, 2024 68,013.96 68,144.20 65,016.27 65,016.27
Oct 20, 2024 61,720.04 68,013.55 61,720.04 68,013.55
Oct 19, 2024 57,675.76 61,718.91 57,675.76 61,718.91
Oct 18, 2024 57,397.54 57,675.52 57,133.57 57,675.52
Oct 17, 2024 58,537.54 58,635.42 57,397.65 57,397.65
Oct 16, 2024 58,284.78 58,739.95 58,284.78 58,537.61
Oct 15, 2024 54,034.70 58,284.58 54,034.70 58,284.58
Oct 14, 2024 53,837.30 54,034.08 53,410.89 54,034.08
Oct 13, 2024 56,581.11 56,581.11 53,837.82 53,837.82
Oct 12, 2024 56,550.70 56,608.83 56,034.41 56,581.28
Oct 11, 2024 54,539.15 56,550.39 54,539.15 56,550.39
Oct 10, 2024 55,265.74 55,265.74 53,929.89 54,538.70
Oct 9, 2024 58,742.10 58,742.10 55,266.29 55,266.29
Oct 8, 2024 58,110.29 59,207.16 58,110.29 58,742.97
Oct 7, 2024 57,400.08 58,109.76 57,199.88 58,109.76
Oct 6, 2024 59,941.85 59,941.85 57,246.59 57,399.62
Oct 5, 2024 61,155.36 61,330.57 59,942.97 59,942.97
Oct 4, 2024 58,293.71 61,165.90 58,293.71 61,155.32