Firsthand Bitcoin · Data · Bitcoin miners
Data / Puell multiple / 2019
The dollar value of new bitcoin issued each day against its one-year average.
Puell multiple opened 2019 at 0.51× (January 1, 2019) and closed at 0.99× (December 31, 2019), up 92.9%. The high was 2.15× on July 10, 2019 and the low 0.50× on January 11, 2019.
| Month | Month end |
|---|---|
| January 2019 | 0.51× |
| February 2019 | 0.61× |
| March 2019 | 0.70× |
| April 2019 | 0.94× |
| May 2019 | 1.49× |
| June 2019 | 1.89× |
| July 2019 | 1.61× |
| August 2019 | 1.51× |
| September 2019 | 1.25× |
| October 2019 | 1.38× |
| November 2019 | 1.06× |
| December 2019 | 0.99× |
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 · 2018 · 2017 · 2016 · 2015 · 2014 · 2013
Also in 2019: 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