Crux · Puell Multiple (model)
The Puell Multiple, daily miner issuance in USD ÷ its 365-day average, with the chart's price and issuance MODELLED from the halving schedule (block subsidy × 144 blocks a day), because the chart carries no chain data. It halves on each halving exactly as the real series does and reads within a few percent of the on-chain figure. Coloured from capitulation (0.5) to overheated (2.2, the CoinGlass reference) with the classic 4.0 top band, a corner readout and alerts on both extremes.
The on-chain version reads the flosignals:BTC-PUELL series instead. Built for Crux of Crypto, 2026-10-22.
- v2
FloSignals refresh 2026-10-22
- v1
FloSignals refresh 2026-10-22
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