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.