Mining Hashribbons Hashribbons
Bitcoin
Hash Ribbons compare short and long moving averages of hash rate to spot miner capitulation and recovery.
Why it matters
It flags when miners capitulate and, subsequently, when recovery signals a buying opportunity.
How it is built
The 30-day and 60-day hash-rate moving averages are compared for crossovers.
What to watch
A recovery crossover after capitulation has historically marked strong long-term entry points.
Related metrics
- Mining Revenuevscost Revenuevscost
- Mining Puellmultiple Puellmultiple
- Mining Miningpulse Miningpulse
- Mining Mining Thermocap Mining Thermocap
- Mining Minerprofitabledays Minerprofitabledays
- Mining Hashprice Hashprice
- Mining Difficultyregression Difficultyregression
- Mining Difficultyperissuance Difficultyperissuance

