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

47,995.95 as of most recent NY market close
24hr return +0.39%
year to date +4.59%

Performance

Time Returns Range
1D +0.39% 47,811.39 - 47,995.95
7D +2.33% 45,470.43 - 51,067.42
1M +5.04% 40,518.43 - 55,192.62
3M +17.73% 35,828.95 - 55,192.62
1Y +123.90% 21,436.06 - 55,192.62
2Y +193.66% 15,069.77 - 55,192.62
MTD +12.41% 40,518.43 - 55,192.62
QTD +4.59% 36,773.35 - 55,192.62
YTD +4.59% 36,773.35 - 55,192.62
Q4:23 +32.22% 34,101.46 - 50,417.77
Q3:23 +18.55% 27,273.09 - 40,350.22
Q2:23 -2.24% 26,287.68 - 34,860.47
Q1:23 +31.48% 20,679.70 - 33,525.66

Volatility

3 MONTHS121.11%
6 MONTHS108.14%
1 YEAR108.17%
2 YEARS103.40%

Sharpe

1 YEAR1.230
2 YEARS0.994
5 YEARS0.986

Sortino

1 YEAR1.925
2 YEARS1.525
5 YEARS1.470

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
Feb 21, 2024 47,811.39 48,257.19 47,811.39 47,996.10
Feb 20, 2024 45,470.43 47,810.97 45,470.43 47,810.97
Feb 19, 2024 45,950.69 45,950.69 45,008.64 45,471.16
Feb 18, 2024 47,510.39 47,510.39 45,951.27 45,951.27
Feb 17, 2024 48,935.72 48,935.72 47,510.57 47,510.57
Feb 16, 2024 51,067.42 51,067.42 48,935.81 48,935.81
Feb 15, 2024 46,901.60 51,338.26 46,901.60 51,067.87
Feb 14, 2024 46,752.38 46,900.47 44,907.85 46,900.47
Feb 13, 2024 50,321.31 50,354.16 46,753.34 46,753.34
Feb 12, 2024 48,582.36 50,321.23 48,582.36 50,321.23
Feb 11, 2024 48,649.64 48,649.64 47,481.00 48,581.58
Feb 10, 2024 49,150.05 49,740.06 48,650.34 48,650.34
Feb 9, 2024 48,367.56 49,149.97 48,367.56 49,149.97
Feb 8, 2024 51,061.24 51,061.24 48,302.25 48,367.56
Feb 7, 2024 51,421.64 51,847.31 51,061.78 51,061.78
Feb 6, 2024 49,732.04 51,427.49 49,732.04 51,421.58
Feb 5, 2024 49,540.71 49,731.73 49,229.06 49,731.73
Feb 4, 2024 52,838.16 52,838.16 49,540.87 49,540.87
Feb 3, 2024 55,192.62 55,415.43 52,839.07 52,839.07
Feb 2, 2024 46,357.00 55,191.92 46,357.00 55,191.92
Feb 1, 2024 40,518.43 46,355.10 40,446.05 46,355.10
Jan 31, 2024 42,695.37 42,695.37 40,518.88 40,518.88
Jan 30, 2024 46,805.30 46,805.30 42,673.97 42,695.69
Jan 29, 2024 48,893.15 48,893.15 46,800.55 46,805.45
Jan 28, 2024 48,373.06 49,045.60 48,373.06 48,893.62