Definition. The 30-day change of the supply held in miner addresses. Balance in Miner Wallets is the underlying balance metric.

Technical. Coinbase recipients not attributed to a known mining pool are included in the subset 'other'. Miner metrics are based on Glassnode's continually updated set of labeled mining-pool entities, plus addresses that received coinbase rewards but cannot be attributed to a known pool. The values should be treated as an estimate and may not reflect miners' full on-chain flows. The series is mutable: its established history is stable, but recent data points may revise as labels update.

Interpretation. Positive prints indicate the miner cohort is a net sink over the trailing month (accumulation), negative prints indicate it is a net source (distribution).

This is the Point-in-Time (PiT) variant of Miner Net Position Change. PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.