capriole_charles

Bitcoin Production Cost

Bitcoin's Production Cost

Based on raw data from CBECI.
Follow me to read more about the calculation logic.
Release Notes: Script commentary update.
Release Notes: In-line with CoinShares December 2019 research report, added option to use a lower electricity cost/kWh from Mid-2019.
Release Notes: Updated with January 2020 electricity data.
Release Notes: 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).
Release Notes: Updated chart visuals
Release Notes: Updated with August 2020 electricity data from CBECI.org
Release Notes: Updated inputs
Release Notes: Updated input data
Release Notes: Updated energy data
Release Notes: Updated energy data
Release Notes: 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%).
Release Notes: updated inflation factor

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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