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Data / Hash ribbons / 2021

Hash ribbons in 2021

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

Hashrate, 30-day average opened 2021 at 136.2 EH/s (January 1, 2021) and closed at 172.9 EH/s (December 31, 2021), up 27.0%. The high was 173.1 EH/s on December 30, 2021 and the low 95.3 EH/s on July 26, 2021.

Hashrate, 30-day average, month by month in 2021

MonthMonth end
January 2021149.2 EH/s
February 2021154.9 EH/s
March 2021159.2 EH/s
April 2021157.3 EH/s
May 2021161.7 EH/s
June 2021122.1 EH/s
July 202199.8 EH/s
August 2021120.6 EH/s
September 2021135.4 EH/s
October 2021149.5 EH/s
November 2021160.6 EH/s
December 2021172.9 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 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014 · 2013

Also in 2021: Bitcoin price · Distance from the all-time high · 200-day and 200-week averages · 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

The full history · CSV