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Data / Hash ribbons / 2014

Hash ribbons in 2014

The 30- and 60-day averages of network hashrate, with every miner capitulation shaded.

Hashrate, 30-day average opened 2014 at 0.0 EH/s (January 1, 2014) and closed at 0.3 EH/s (December 31, 2014), up 3291.5%. The high was 0.3 EH/s on November 30, 2014 and the low 0.0 EH/s on January 1, 2014.

Hashrate, 30-day average, month by month in 2014

MonthMonth end
January 20140.0 EH/s
February 20140.0 EH/s
March 20140.0 EH/s
April 20140.1 EH/s
May 20140.1 EH/s
June 20140.1 EH/s
July 20140.1 EH/s
August 20140.2 EH/s
September 20140.2 EH/s
October 20140.3 EH/s
November 20140.3 EH/s
December 20140.3 EH/s

When the 30-day average of hashrate drops below the 60-day, miners are switching machines off faster than new ones arrive — a capitulation, shaded here. The moment the 30-day crosses back above is the classic hash-ribbons buy signal.

Other years: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2013

Also in 2014: Bitcoin price · Distance from the all-time high · Network hashrate · Mining difficulty · Difficulty adjustments · Fees paid to miners · Transactions per day · Hashprice · Miner revenue · Bitmain releases and the bitcoin price · Break-even electricity price · What a bitcoin costs us to mine, against the market

The full history · CSV