Firsthand Bitcoin · Data · Bitcoin miners
Data / Puell multiple / 2014
The dollar value of new bitcoin issued each day against its one-year average.
Puell multiple opened 2014 at 3.84× (January 1, 2014) and closed at 0.59× (December 31, 2014), down 84.6%. The high was 4.49× on January 6, 2014 and the low 0.56× on November 3, 2014.
| Month | Month end |
|---|---|
| January 2014 | 3.12× |
| February 2014 | 1.91× |
| March 2014 | 1.30× |
| April 2014 | 1.18× |
| May 2014 | 1.51× |
| June 2014 | 1.33× |
| July 2014 | 1.13× |
| August 2014 | 0.94× |
| September 2014 | 0.67× |
| October 2014 | 0.60× |
| November 2014 | 0.66× |
| December 2014 | 0.59× |
Daily issuance in dollars divided by its 365-day average. Under 0.5, miners are earning half their usual income and the weakest are selling to survive, which has marked cycle bottoms; above 4, issuance is worth four times normal and miners are selling into euphoria.
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