Four live market barometers on one dashboard — MCR (Mining Climate Rating), OSI (Operator Stress Index), the Entry Barometer composite (ASIC price, payback, MVRV, difficulty, hashprice), and the crypto Fear & Greed Index — plus a Key Takeaway narrative that synthesizes all four signals with an expandable per-gauge breakdown and 30-day sparklines.
Frequently asked questions
What is the Mining Indexes dashboard?
The Mining Indexes dashboard at /indexes shows four live Bitcoin mining barometers side by side — the Mining Climate Rating (MCR), Operator Stress Index (OSI), Entry Barometer, and the crypto Fear & Greed Index — plus a synthesized Key Takeaway narrative that reads across all four signals and a 90-day trend chart.
What is the Mining Climate Rating (MCR)?
The MCR is a 0–100 composite score of Bitcoin mining economic conditions built from hashprice, difficulty, network hashrate, and BTC price. Scores below 40 are Hostile (miners under stress), 40–60 is Cautious, and above 60 is Favorable.
What is the Operator Stress Index (OSI)?
The OSI measures mining stress at three power-cost tiers — $0.03, $0.06, and $0.09/kWh — showing which operators are being squeezed at the current hashprice. Higher scores mean more operators are underwater at that electricity rate.
What is the Entry Barometer?
The Entry Barometer is a 0–100 composite score built from ASIC price, payback period, BTC MVRV, network difficulty, and hashprice. It indicates whether the current environment favors adding new mining capacity — higher is a more attractive entry point.
What is the Bitcoin Fear & Greed Index?
The Fear & Greed Index is a 0–100 sentiment score sourced from alternative.me that compresses volatility, momentum, social sentiment, and BTC dominance into a single number. Low readings indicate Extreme Fear, high readings indicate Extreme Greed, and miners can use it as a contrarian market signal.
What is the Key Takeaway summary?
The Key Takeaway is a plain-English narrative that synthesizes the four barometers into a single bullish, bearish, or neutral read for Bitcoin miners, with an expandable per-gauge breakdown that explains each score's contribution and shows a 30-day sparkline for each.
How often are the indexes updated?
MCR, OSI, and Entry Barometer are recomputed hourly by the compute-indexes pipeline; the Fear & Greed value is refreshed daily from alternative.me. If data is more than about 12 hours stale, the Index Trends card shows a warning banner.