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

51,941.89 as of most recent NY market close
24hr return -5.33%
year to date +13.19%

Performance

Time Returns Range
1D -5.33% 51,941.89 - 54,867.06
7D -2.42% 44,470.20 - 54,867.06
1M -0.71% 44,470.20 - 59,546.40
3M +2.10% 42,053.07 - 59,546.40
1Y +50.60% 26,287.68 - 59,546.40
2Y +176.50% 15,199.07 - 59,546.40
MTD +9.54% 44,470.20 - 54,867.06
QTD -1.14% 42,053.07 - 59,546.40
YTD +13.19% 36,773.35 - 59,546.40
Q1:24 +14.50% 36,773.35 - 57,213.37
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

Volatility

3 MONTHS112.96%
6 MONTHS111.75%
1 YEAR108.86%
2 YEARS106.35%

Sharpe

1 YEAR0.867
2 YEARS0.961
5 YEARS0.968

Sortino

1 YEAR1.308
2 YEARS1.464
5 YEARS1.439

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

Quick Links

Historical Data

Date Open High Low Close
Jun 10, 2024 54,867.06 54,867.06 51,942.35 51,942.35
Jun 9, 2024 53,967.69 55,166.51 53,948.34 54,867.59
Jun 8, 2024 52,016.36 54,357.03 52,016.36 53,967.91
Jun 7, 2024 46,100.69 52,015.08 46,100.69 52,015.08
Jun 6, 2024 44,470.20 46,099.78 44,193.28 46,099.78
Jun 5, 2024 49,936.59 49,936.59 44,470.70 44,470.70
Jun 4, 2024 53,230.30 53,301.74 49,937.69 49,937.69
Jun 3, 2024 50,908.23 53,233.98 50,908.23 53,230.20
Jun 2, 2024 50,326.98 50,907.79 49,930.58 50,907.79
Jun 1, 2024 48,604.28 50,407.99 48,604.28 50,327.17
May 31, 2024 47,416.30 48,603.84 47,416.30 48,603.84
May 30, 2024 48,874.23 48,874.23 47,191.64 47,415.85
May 29, 2024 46,966.04 49,082.31 46,966.04 48,874.61
May 28, 2024 49,696.81 49,696.81 46,951.51 46,965.95
May 27, 2024 54,521.43 54,521.43 49,697.31 49,697.31
May 26, 2024 56,530.80 56,652.29 54,522.50 54,522.50
May 25, 2024 59,546.40 59,546.40 56,531.21 56,531.21
May 24, 2024 59,011.90 59,699.29 59,011.90 59,546.52
May 23, 2024 53,323.18 59,011.20 53,323.18 59,011.20
May 22, 2024 51,073.60 53,322.29 50,824.61 53,322.29
May 21, 2024 53,331.30 53,331.30 51,073.82 51,073.82
May 20, 2024 51,619.45 53,887.56 51,619.45 53,331.79
May 19, 2024 48,973.01 51,618.58 48,829.95 51,618.58
May 18, 2024 51,362.89 51,362.89 48,939.07 48,972.77
May 17, 2024 51,047.59 52,268.77 51,047.59 51,363.45