OPEN-SOURCE SCRIPT
Updated Bitcoin Energy Value Oscillator

Bitcoin Energy Value as an oscillator against price.
Calculated as: (Bitcoin Price / Bitcoin Energy Value - 1) * 100
Calculated as: (Bitcoin Price / Bitcoin Energy Value - 1) * 100
Release Notes
Updated with latest Bitcoin mining hardware energy efficiency data as at 11 May 2020.Release Notes
Updated with latest Bitcoin mining hardware energy efficiency data as at 10 August 2020.Release Notes
Updated inputsRelease Notes
Updated input dataRelease Notes
Updated energy efficiency data and sourcing.Release Notes
Sourcing updateRelease Notes
Update to pinescript v5 and update of data inputs.aOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.