Share this article
BTC
$84,010.71
-
0.19%ETH
$1,557.57
-
3.28%USDT
$0.9999
-
0.01%XRP
$2.0821
-
2.22%BNB
$581.82
-
0.38%SOL
$129.83
+
0.75%USDC
$0.9999
-
0.00%TRX
$0.2506
-
0.09%DOGE
$0.1531
-
1.68%ADA
$0.6058
-
2.61%LEO
$9.4100
+
0.46%LINK
$12.12
-
2.31%AVAX
$18.69
-
3.34%XLM
$0.2348
-
1.45%TON
$2.8695
-
2.96%SHIB
$0.0₄1166
-
1.79%SUI
$2.0760
-
2.37%HBAR
$0.1561
-
2.40%BCH
$318.42
-
1.75%LTC
$74.05
-
1.94%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Bitcoin Miner Metrics: Hashrate and Thermocap

How is hashrate calculated? What does thermocap represent? What do hashrate ribbons say about bitcoin price cycles? This research note looks at Bitcoin miner metrics and how investors can use them to glean insight into the asset’s price and network fundamentals.
George Kaloudis
George Kaloudis was a senior research analyst and columnist for CoinDesk. He focused on producing insights about Bitcoin. Previously, George spent five years in investment banking with Truist Securities in asset-based lending, mergers and acquisitions and healthcare technology coverage. George studied mathematics at Davidson College.
