The Next Evolution of Hashrate Index Has Arrived
Hashrate Index has a whole new look and new metrics to match. We're thrilled to finally reveal the new and improved platform to all of you.
Happy Friday, Luxor community!
2022 is fast approaching, and the Luxor Team figured it would be fitting to ring in the new year with a new and improved Hashrate Index!
We’ve been hard at work to deliver the refurbished platform before Christmas, something of an early present to all of our users. Not only does the site have a new look, but it’s replete with new datasets and metrics, and we have even more coming down the pipe in the coming months.
In this newsletter, we’ll be highlighting a few of the fresh features the revamped Hashrate Index has to offer.
You Can Now Chart Hashprice in BTC
Everyone loves a juicy USD-denominated return, and USD hashprice is great for calculating USD-denominated revenue vs. operational costs. But for some miners, one revenue metric is top of mind: BTC returns.
That’s why we included BTC-denominated hashprice in the redesign, because we know that many of you are on a mission to stack as many sats as possible.
Now, with our new BTC hashprice chart, you’ll have all the data you need to calculate your mining operation’s bitcoin earning potential.
Rig Prices Are Available in BTC Now Too
For every person who requested BTC hashprice, another was asking for ASIC prices in BTC, as well. We listened.
You can now track prices for popular rigs and our Rig Price Index in BTC. Plenty of miners, particularly home miners, still purchase equipment in BTC, so we believe these new charts will give them better tools for tracking rig ROI and for planning when to liquidate machines when necessary.
Additionally, we have reformatted our Rig Price Index to include three efficiency tiers instead of four: under 38 J/TH, 38-60 J/TH, and above 68 J/TH. We’ve also included a new history of ASICs chart that gives a timeline for when ASICs were released, their efficiency ratings, hashrate capacity, and other metrics.
New Bitcoin Network Data
To complement the changes we’ve made to our proprietary metrics, hashprice and rig price, the redesign includes news Bitcoin network data, as well.
On the Bitcoin Network page, you can now query transaction fees as percentage of block rewards, transaction volume, block size, changes in difficulty, and more.
We’ve also aggregated all of the must-know metrics, like BTC price, marketcap, hashrate, hashprice, difficulty, and others on a sidebar at the top of the page for quick reference.
As we continue to refine and iterate on the new platform, we plan to add even more network metrics.
Our Stocks Page Includes More Info Than Ever
We wanted to make the new Hashrate Index the go-to site for any and all information for public mining companies.
To accomplish this, we beefed up our stocks page to go beyond mere price and marketcap. As always, we have our Hashrate Index Crypto Stock Index available for you to track the general trend of mining equities.
But we’ve also reupped our page on public mining companies. We outfitted the revamped page to include hashrate under management, a new metric for market cap divided by hashrate, correlation to bitcoin, price trends, and performance statistics, among other data points.
Hashrate Index is built as much for investors as it is for miners, so we hope the new stocks page will be an indispensable tool for those who need access to all-encompassing data for evaluating mining stocks.
New Hashrate Section Includes Mining Pool Market Share, Latest Blocks
Hashrate Index now comes with a fully fledged pools page. Here, you can look at each pool’s market share and the distribution of pools by country and payment method.
The page also includes a leaderboard for market share that you can filter by three day, one week, and one month intervals. This leaderboard includes relevant data on each pool like payout method, total hashrate, blocks mined during a given period, and more.
We also launched a Bitcoin blocks page that will keep you up-to-date on the latest mined blocks, including which pool mined them, block sizes, their total USD and BTC transaction volume, and other relevant data.
The Blog and Newsletter Are New Too
We’ve migrated our blogging back end to Ghost, which gives us more flexibility and design options for articles and our weekly newsletter. It also means our blog and newsletter are now under the same roof, so you can now brush up on the latest Hashrate Update newsletters right on Hashrate Index.
More to Come
The new additions above are accompanied by all the same popular features and pages from the old site like the machines page, farms page, and glossary.
This redesign is the just the beginning for the new Hashrate Index. As we enter the new year, we will be hard at work to deliver you with energy market data, region-specific ASIC prices, API and CSV integrations to easily pull data from the site, and much more.
Today’s relaunch is the result of a months’ long, team-wide effort and we couldn’t be more thrilled to finally share the fruits of our labor with all of you.
If you have any questions, comments, or feedback for us regarding the new platform, please feel free to reach out to us. We’d love to hear from you.
Merry Christmas, Happy Holidays, and Happy Hashing to each of you in the New Year!
-Luxor Team