Firsthand Bitcoin · Data · Bitcoin miners
Data / Puell multiple / 2017
The dollar value of new bitcoin issued each day against its one-year average.
Puell multiple opened 2017 at 1.19× (January 1, 2017) and closed at 3.22× (December 31, 2017), up 169.5%. The high was 5.46× on December 19, 2017 and the low 0.99× on January 13, 2017.
| Month | Month end |
|---|---|
| January 2017 | 1.17× |
| February 2017 | 1.42× |
| March 2017 | 1.22× |
| April 2017 | 1.51× |
| May 2017 | 2.37× |
| June 2017 | 2.35× |
| July 2017 | 2.31× |
| August 2017 | 3.11× |
| September 2017 | 2.34× |
| October 2017 | 2.88× |
| November 2017 | 3.70× |
| December 2017 | 3.22× |
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 · 2016 · 2015 · 2014 · 2013
Also in 2017: 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