This metric simply plots the total daily USD revenue 🟠 paid to Bitcoin miners, and compares it to the 365-day simple moving average 🔵. This helps analysts gauge daily volatility against the longer term trend, and shows the input components to the Puell Multiple oscillator.

Also shown is the rolling 365-day sum of miner revenues 🟣 to assess aggregate industry income.

💡 Hint: The Miner Revenue metric (m2) has a dropdown menu to toggle a specific miner. This can be used to assess or compare the income of a particular miner or mining pool.