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

48,247.77 as of most recent NY market close
24hr return -2.50%
year to date +5.14%

Performance

Time Returns Range
1D -2.50% 48,247.77 - 49,485.00
7D +0.43% 48,039.63 - 55,179.39
1M -5.81% 43,600.01 - 55,179.39
3M -10.45% 42,053.07 - 59,546.40
1Y +43.75% 27,273.09 - 59,546.40
2Y +194.52% 15,785.90 - 59,546.40
MTD -5.04% 43,600.01 - 55,179.39
QTD -5.04% 43,600.01 - 55,179.39
YTD +5.14% 36,773.35 - 59,546.40
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
Q3:23 +18.55% 27,273.09 - 40,350.22

Volatility

3 MONTHS102.28%
6 MONTHS105.61%
1 YEAR107.25%
2 YEARS105.43%

Sharpe

1 YEAR0.820
2 YEARS0.988
5 YEARS0.891

Sortino

1 YEAR1.243
2 YEARS1.512
5 YEARS1.324

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
Jul 18, 2024 49,485.00 49,500.06 48,248.50 48,248.50
Jul 17, 2024 51,085.32 51,085.32 49,471.46 49,484.84
Jul 16, 2024 53,703.98 53,703.98 51,085.67 51,085.67
Jul 15, 2024 55,179.39 55,461.98 53,704.72 53,704.72
Jul 14, 2024 50,000.09 55,178.61 50,000.09 55,178.61
Jul 13, 2024 48,299.02 49,999.74 48,299.02 49,999.74
Jul 12, 2024 48,039.63 48,682.98 48,039.63 48,298.67
Jul 11, 2024 47,348.18 48,039.22 46,647.09 48,039.22
Jul 10, 2024 50,271.64 50,271.64 47,348.92 47,348.92
Jul 9, 2024 51,468.18 51,969.27 50,272.32 50,272.32
Jul 8, 2024 52,726.64 52,791.78 51,337.24 51,494.97
Jul 7, 2024 48,700.02 52,726.40 48,700.02 52,726.40
Jul 6, 2024 43,600.01 48,699.13 43,600.01 48,699.13
Jul 5, 2024 47,027.79 47,027.79 43,483.54 43,599.78
Jul 4, 2024 51,844.14 51,844.14 47,028.90 47,028.90
Jul 3, 2024 51,647.32 52,461.70 51,647.32 51,844.36
Jul 2, 2024 47,985.27 51,653.56 47,985.27 51,647.10
Jul 1, 2024 49,166.27 49,166.27 47,531.64 47,984.87
Jun 30, 2024 50,809.26 50,809.26 49,150.08 49,166.46
Jun 29, 2024 47,329.09 50,814.78 47,329.09 50,809.42
Jun 28, 2024 44,765.77 47,328.24 44,765.77 47,328.24
Jun 27, 2024 43,783.74 44,765.30 43,635.68 44,765.30
Jun 26, 2024 46,765.37 46,765.37 43,784.02 43,784.02
Jun 25, 2024 47,534.48 48,351.70 46,766.30 46,766.30
Jun 24, 2024 46,649.04 47,533.95 46,579.90 47,533.95