OPEN-SOURCE SCRIPT
Diupdate

Bitcoin Production Cost

Bitcoin's Production Cost

Based on raw data from CBECI.
Follow me to read more about the calculation logic.
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Script commentary update.
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In-line with CoinShares December 2019 research report, added option to use a lower electricity cost/kWh from Mid-2019.
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Updated with January 2020 electricity data.
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Updated with May 2020 electricity data from CBECI.org
Now uses 2 week rolling data for finer granularity (while balancing TradingView load time).
Uses 4c/kWh (lower end of CBECI and Coinshares global average Mining electrical cost estimates).
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Updated chart visuals
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Updated with August 2020 electricity data from CBECI.org
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Updated inputs
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Updated input data
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Updated energy data
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Updated energy data
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Added optional inflation factor, given the annualized rate of growth of M2 money supply increased from 5.8% annualized to 12.7% annualized after Corona (rough delta being 6.5%).
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updated inflation factor
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Updated data inputs.
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Sourcing
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Sourcing update
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Updated data
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Update to v5 pinescript and update of CBECI raw data inputs.
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Updated data inputs
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Updated data inputs

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