> For the complete documentation index, see [llms.txt](https://gitbook-docs.coinmetrics.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gitbook-docs.coinmetrics.io/network-data/network-data-overview/supply/miner-revenue.md).
# Miner Revenue
## Contents
* Puell Multiple, Revenue
## Puell Multiple, Revenue
### Definition
The ratio of the USD value of miner revenue during the period to the 365-day moving average of the USD value of miner revenue.
| Name | MetricID | Unit | Interval |
| ----------------------- | ----------- | ------------- | -------- |
| Puell Multiple, Revenue | PuellMulRev | Dimensionless | 365 days |
### Details
* Computed as RevUSD/ma365(RevUSD)
### Release History
* Released in the version 4.9 of Network Data Pro
### Interpretation
The Puell Multiple provides insight into market cycles from a mining revenue perspective. Because miners are sometimes considered compulsory sellers given their fixed costs (e.g., equipment, electricity), this metric provides insight into the supply side of a cryptoasset's economy. The idea being, that periods where the Puell Multiple is extremely low could be buying opportunities for investors, and periods where it is extremely high could indicate a profit-taking/selling opportunities.
### See Also
* Puell Multiple, Coinbase Issuance
* Puell Multiple, Total Issuance
### Availability for Assets
{% embed url="" %}
## API Endpoints
Miner Revenue metrics can be accessed using these endpoints:
* `timeseries/asset-metrics`
and by passing in the metric ID's `PuellMulRev*` in the `metrics` parameter.
{% tabs %}
{% tab title="Shell" %}
```
curl --compressed "https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=PuellMulRev&assets=btc&pretty=true&api_key="
```
{% endtab %}
{% tab title="Python" %}
```
import requests
response = requests.get('https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=PuellMulRev&assets=btc&pretty=true&api_key=').json()
print(response)
```
{% endtab %}
{% tab title="Python Client" %}
```
from coinmetrics.api_client import CoinMetricsClient
api_key = ""
client = CoinMetricsClient(api_key)
print(
client.get_asset_metrics(
metrics="PuellMulRev",
assets="btc",
).to_dataframe()
)
```
{% endtab %}
{% endtabs %}
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