An exceptionally rare satoshi, mined from the fourth Bitcoin halving block, was sold for 33.3 Bitcoin (BTC), equivalent to approximately $2.13 million. Here are the key details surrounding this noteworthy transaction:
The sale of the “epic sat,” which refers to the first satoshi mined in the first new Bitcoin halving block, took place on cryptocurrency exchange CoinEx Global. The auction commenced on April 22 and attracted 34 bids before an unidentified bidder secured ownership rights to the rare sat, designated as “sat number 1,968,750,000,000,000.”
Epic sats are highly coveted within the Bitcoin ecosystem due to their scarcity and unique identifiers. Only four such rare sats exist, each corresponding to the first satoshi mined in a new Bitcoin halving block. Their collectible value is inherently higher, contributing to their allure among collectors.
Bitcoin Ordinals explorers like Ordiscan and OrdinalHub enable users to verify whether a Bitcoin wallet owns a rare sat by examining the exact UTXO (Unspent Transaction Output) and output number. Users in possession of a rare sat can transfer it to an Ordinals-supported wallet for safekeeping.
ViaBTC, a Bitcoin mining pool, mined the fourth halving block (block 840,000) on April 20, receiving a new block subsidy of 3.125 Bitcoin, in addition to significant reward fees totaling 37.6 Bitcoin. The next Bitcoin halving event is anticipated to occur around 2028 at block 1,050,000, reducing mining rewards to 1.5625 Bitcoin.
The sale of the rare sat for 33.3 Bitcoin highlights the increasing interest in unique Bitcoin collectibles and the significance attached to rare sats within the crypto community. As Bitcoin continues to evolve, such transactions underscore the ecosystem’s vibrant and dynamic nature, fueling excitement and engagement among enthusiasts and collectors alike.
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