TradingView
capriole_charles
Dec 19, 2019 9:52 AM

Bitcoin Production Cost 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

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

Release Notes

Updated data inputs.

Release Notes

Sourcing

Release Notes

Sourcing update

Release Notes

Updated data

Release Notes

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

Release Notes

Updated data inputs

Release Notes

Updated data inputs
Comments
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!
TraderHalai
Hi mate. Can you please update your script for 2024. Including post halving. Thanks
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
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