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capriole_charles
19 dec 2019 09:52

Bitcoin Production Cost 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Beskrivning

Bitcoin's Production Cost

Based on raw data from CBECI.
Follow me to read more about the calculation logic.

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Script commentary update.

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In-line with CoinShares December 2019 research report, added option to use a lower electricity cost/kWh from Mid-2019.

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Updated with January 2020 electricity data.

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Updated with May 2020 electricity data from CBECI.org
Now uses 2 week rolling data for finer granularity (while balancing TradingView load time).
Uses 4c/kWh (lower end of CBECI and Coinshares global average Mining electrical cost estimates).

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Updated chart visuals

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Updated with August 2020 electricity data from CBECI.org

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Updated inputs

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Updated input data

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Updated energy data

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Updated energy data

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Added optional inflation factor, given the annualized rate of growth of M2 money supply increased from 5.8% annualized to 12.7% annualized after Corona (rough delta being 6.5%).

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updated inflation factor

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Updated data inputs.

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Sourcing

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Sourcing update

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Updated data

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Update to v5 pinescript and update of CBECI raw data inputs.

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Updated data inputs

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Updated data inputs
Kommentarer
r6ra4
hi charles, love your scripts ! I have a question about the current situation, shouldn't the miner price (green) be in the red area (or close) and hence coincide with the hash ribbons capitulation phase? or is just the transaction fees portion thats causing the difference?
Thanks
Quantkr
brilliant stuff!!:)
but, this codes working on ~2019 i think.
so, could you explain The class "e" means?
crested-serpent
Hey Charles- the indicator hasnt been updated in a little over a month- all okay?
Hamilton_Gilpin
How do we manually update this indicator?
Balabalois
THANXXXX A LOT!!!!
capriole_charles
@Balabalois, my pleasure, hope it helps!
KenshinC
Dear sir, We already have new halving, Pls update your indicator. Thanks and best regards
sharkpool
I Like..Very Generous of You to share . Thank You
ReallyMe
Cool stuff! Thanks for sharing
TraderHalai
Hi mate. Can you please update your script for 2024. Including post halving. Thanks
Mer