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

19,912.27 as of most recent NY market close
24hr return +2.72%
year to date +45.24%

Performance

Time Returns Range
1D +2.72% 19,385.39 - 19,912.27
7D +9.22% 17,949.33 - 20,149.51
1M -1.08% 16,944.84 - 21,799.52
3M +7.05% 15,199.07 - 21,799.52
1Y +69.93% 11,140.10 - 21,799.52
2Y +74.21% 6,132.21 - 21,799.52
MTD -1.08% 16,944.84 - 21,799.52
QTD +6.44% 15,199.07 - 21,799.52
YTD +45.24% 13,710.12 - 21,799.52
Q2:22 +9.06% 15,479.73 - 21,596.02
Q1:22 +25.12% 13,710.12 - 19,563.67
Q4:21 +17.00% 11,140.10 - 16,029.10
Q3:21 +50.92% 6,827.04 - 12,707.09

Volatility

3 MONTHS110.10%
6 MONTHS100.14%
1 YEAR94.15%
2 YEARS98.64%

Sharpe

1 YEAR1.017
2 YEARS0.770
5 YEARS1.150

Sortino

1 YEAR1.583
2 YEARS1.129
5 YEARS1.714

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 January 2, 2015
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*
Sep 30, 2022 19,519.39 20,045.58 19,574.74 20,045.58
Sep 29, 2022 18,814.61 19,519.39 18,768.98 19,519.39
Sep 28, 2022 19,528.63 19,474.71 18,814.61 18,814.61
Sep 27, 2022 20,286.87 20,355.09 19,528.63 19,528.63
Sep 26, 2022 19,558.42 20,286.87 19,620.94 20,286.87
Sep 25, 2022 18,086.94 19,558.42 18,116.50 19,558.42
Sep 24, 2022 18,368.67 18,316.47 18,054.27 18,086.94
Sep 23, 2022 19,672.30 19,633.06 18,368.67 18,368.67
Sep 22, 2022 19,546.97 19,777.78 19,552.49 19,672.30
Sep 21, 2022 19,651.39 19,631.26 19,524.27 19,546.97
Sep 20, 2022 21,547.75 21,480.08 19,651.39 19,651.39
Sep 19, 2022 20,922.81 21,717.74 20,998.77 21,547.75
Sep 18, 2022 19,415.62 20,922.81 19,472.97 20,922.81
Sep 17, 2022 19,221.92 19,415.62 19,158.35 19,415.62
Sep 16, 2022 18,211.05 19,221.92 18,201.11 19,221.92
Sep 15, 2022 19,345.19 19,247.87 18,211.05 18,211.05
Sep 14, 2022 21,086.38 21,025.92 19,345.19 19,345.19
Sep 13, 2022 21,932.56 21,925.11 21,086.38 21,086.38
Sep 12, 2022 21,402.01 22,009.14 21,493.48 21,932.56
Sep 11, 2022 19,458.52 21,402.01 19,536.35 21,402.01
Sep 10, 2022 18,108.72 19,458.52 18,110.90 19,458.52
Sep 9, 2022 18,671.61 18,611.76 18,073.97 18,108.72
Sep 8, 2022 19,627.98 19,622.57 18,671.61 18,671.61
Sep 7, 2022 20,666.30 20,612.57 19,627.98 19,627.98
Sep 6, 2022 21,737.79 21,822.37 20,666.30 20,666.30