Miner Stress IndexTRINITY EXCLUSIVE
EXCLUSIVE - Composite miner stress score (0-100) drawing notably on mining activity, miner profitability and transaction fees. Its construction is proprietary and not disclosed.
Trinity exclusive model
This metric is a proprietary Trinity Insights model. Its formula, inputs, weights and parameters are NOT disclosed. The page documents only the output (bounded scale, interpretation zones, historical context). Access to the score and its time series is via the REST API and the MCP server, subject to the required tier.
What is it?
The Miner Stress Index synthesises public mining-economics categories: network capacity, profitability and revenue composition. Falling capacity can describe machines going offline; deteriorating profitability or greater dependence on issuance can describe sector stress. The result is bounded between 0 and 100. Construction and weights are proprietary and not published.
How to read
Score 0-25: minimal miner stress, hash rate growing and healthy revenues. Score 25-50: moderate stress, some components under pressure. Score 50-75: high stress, hash rate declining and/or very low Puell. Score 75-100: active capitulation. A score sustained above 50 indicates significant stress conditions for the mining industry.
Key zones
A high score describes substantial mining stress; above 70 the reading is extreme. A low score describes a less stretched sector. Zones describe a regime without identifying a price turning point.
What to observe
The hash rate momentum component is most reactive - it indicates miner disconnections in near real-time. Puell Multiple is slower but captures structural profitability stress. Score acceleration is more informative than the absolute level.
Historical context
The most intense miner stress phases correspond to post-halvings (revenue halved) and deep bear markets (falling price). The 2024 halving created moderate stress but the industry was better prepared than in previous cycles.
Expert notes
⚠️ Trinity Exclusive Model - construction is not published. Read the score as aggregate mining-sector stress alongside capacity, profitability and revenue metrics. Energy conditions and hardware changes limit comparisons across periods.
Common mistakes to avoid
The score measures aggregate miner stress, not specific miner capitulation. A high score does not imply all miners are suffering - efficient miners may be profitable even in high-stress phases. The score does not predict future price.
Programmatic access
REST API
curl -sS \
'https://api.trinityinsights.io/api/v1/onchain/metrics/miner-stress-index/data?timeframe=90d' \
-H 'X-API-Key: $TRINITY_API_KEY'MCP server
{
"tool": "get_chart_value",
"metric_id": "miner-stress-index",
"timeframe": "1y"
}Required tier: performance. See the pricing grid for the tier list and the MCP documentation for multi-client configuration.
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Institutional disclaimer
Trinity Insights is an educational and analytical tool. The metric above does not constitute investment advice. Trinity Insights is not a Crypto-Asset Service Provider (CASP) registered under MiCA Regulation (EU) 2023/1114. See the full disclaimer.