Composite signal measuring whether energy input costs are rising or falling relative to their recent trend. Combines multiple cost sources into a single directional indicator.
Why: Shows the direction of aggregate mining energy costs. Rising pressure compresses margins even when BTC price is stable. Falling pressure improves profitability without needing a price increase.
Category: Energy | Formula: Average deviation of energy cost components from their recent moving averages
Available in: btc.energy
API: GET /api/context?template=btc.energy