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

62,313.76 as of most recent NY market close
24hr return +1.25%
year to date +35.80%

Performance

Time Returns Range
1D +1.25% 61,546.20 - 62,313.76
7D -3.50% 61,546.20 - 66,479.90
1M -5.69% 56,863.48 - 70,757.13
3M +3.72% 49,062.56 - 70,757.13
1Y +62.72% 36,773.35 - 70,757.13
2Y +159.74% 16,591.93 - 70,757.13
MTD +5.10% 59,287.96 - 66,479.90
QTD +18.72% 52,487.85 - 70,757.13
YTD +35.80% 36,773.35 - 70,757.13
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 MONTHS85.04%
6 MONTHS95.85%
1 YEAR104.05%
2 YEARS104.82%

Sharpe

1 YEAR0.933
2 YEARS0.926
5 YEARS0.882

Sortino

1 YEAR1.437
2 YEARS1.411
5 YEARS1.315

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
Dec 7, 2024 61,546.20 62,313.21 61,102.54 62,313.21
Dec 6, 2024 65,122.24 65,122.24 61,546.66 61,546.66
Dec 5, 2024 66,479.90 66,479.90 65,122.70 65,122.70
Dec 4, 2024 64,854.98 66,485.06 64,854.98 66,480.02
Dec 3, 2024 63,851.20 64,854.63 63,851.20 64,854.63
Dec 2, 2024 65,500.91 65,500.91 63,394.29 63,850.85
Dec 1, 2024 64,572.61 66,608.21 64,572.61 65,501.85
Nov 30, 2024 59,287.96 64,571.93 59,287.96 64,571.93
Nov 29, 2024 58,352.82 59,286.93 57,912.15 59,286.93
Nov 28, 2024 58,767.24 58,767.24 57,952.77 58,352.82
Nov 27, 2024 64,181.41 64,181.41 58,767.93 58,767.93
Nov 26, 2024 67,551.21 67,804.24 64,182.33 64,182.33
Nov 25, 2024 60,884.68 67,550.44 60,884.68 67,550.44
Nov 24, 2024 56,863.48 60,883.73 56,551.60 60,883.73
Nov 23, 2024 61,476.44 61,476.44 56,864.05 56,864.05
Nov 22, 2024 64,762.15 64,763.94 61,477.05 61,477.05
Nov 21, 2024 66,841.38 66,841.38 64,762.26 64,762.26
Nov 20, 2024 70,757.13 70,761.67 66,842.33 66,842.33
Nov 19, 2024 67,302.37 70,757.02 67,302.37 70,757.02
Nov 18, 2024 65,225.19 67,301.64 65,220.77 67,301.64
Nov 17, 2024 66,883.68 66,923.85 65,225.31 65,225.31
Nov 16, 2024 61,128.73 66,883.41 61,128.73 66,883.41
Nov 15, 2024 58,737.86 61,128.04 58,737.86 61,128.04
Nov 14, 2024 60,856.59 60,856.59 58,532.76 58,737.44
Nov 13, 2024 59,926.04 61,215.93 59,926.04 60,857.20