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Data / Hash ribbons / 2022
The 30- and 60-day averages of network hashrate, with every miner capitulation shaded.
Hashrate, 30-day average opened 2022 at 173.9 EH/s (January 1, 2022) and closed at 247.5 EH/s (December 31, 2022), up 42.3%. The high was 265.3 EH/s on November 13, 2022 and the low 173.8 EH/s on January 11, 2022.
| Month | Month end |
|---|---|
| January 2022 | 187.6 EH/s |
| February 2022 | 196.7 EH/s |
| March 2022 | 201.1 EH/s |
| April 2022 | 208.2 EH/s |
| May 2022 | 218.7 EH/s |
| June 2022 | 212.5 EH/s |
| July 2022 | 199.6 EH/s |
| August 2022 | 210.2 EH/s |
| September 2022 | 226.9 EH/s |
| October 2022 | 260.6 EH/s |
| November 2022 | 257.4 EH/s |
| December 2022 | 247.5 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 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014 · 2013
Also in 2022: 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