Firsthand Bitcoin · Data · Bitcoin miners
Data / Puell multiple / 2016
The dollar value of new bitcoin issued each day against its one-year average.
Puell multiple opened 2016 at 1.58× (January 1, 2016) and closed at 1.19× (December 31, 2016), down 25.1%. The high was 2.10× on June 17, 2016 and the low 0.68× on August 3, 2016.
| Month | Month end |
|---|---|
| January 2016 | 1.32× |
| February 2016 | 1.45× |
| March 2016 | 1.33× |
| April 2016 | 1.39× |
| May 2016 | 1.52× |
| June 2016 | 1.68× |
| July 2016 | 0.84× |
| August 2016 | 0.73× |
| September 2016 | 0.76× |
| October 2016 | 0.86× |
| November 2016 | 0.90× |
| December 2016 | 1.19× |
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 · 2015 · 2014 · 2013
Also in 2016: 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