Bitcoin On-Chain Metrics

Backfilling: 953,999 / 957,425 (99.64%)
Updated: 8 minutes ago

Blocks Indexed

955,000

Transactions Indexed

1,382,886,090

UTXOs (Unspent)

185,789,042

Estimated Hash Rate

Estimated total computational power securing the network, derived from block difficulty and timing.

Puell Multiple

Daily miner revenue divided by its 365-day moving average. Low values indicate miner stress and historically signal good buying opportunities.

Daily Issuance (USD)

Total value of new BTC minted as block rewards each day, in USD.

Difficulty Ribbon

Multiple moving averages of mining difficulty (9d-200d). When ribbons compress, weak miners are capitulating — historically a buy signal.

Ribbon Compression

Normalized spread of difficulty ribbon SMAs. Low values indicate miner capitulation and ribbon compression.