2 ‘Sleeping Bitcoin’ Block Rewards From 2010 Wake up After Sitting Idle for M...
During the last week bitcoin’s USD value has shed close to 9% as it slipped from $44,239 per unit two days ago, to below the $40K range on Friday. Meanwhile, in the last 24 hours, two sleeping bitcoin block rewards from 2010 woke up after more than a decade of sitting idle. The 100 bitcoins minted in the early days were sent with little concern for privacy, and were worth more than $4 million at the time of transfer. Blockchain Parsers Catch 2 Block Rewards From 2010 Move 100 Bitcoin In the last 24 hours, two bitcoin (BTC) block subsidies stemming from 2010 were caught by....
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On October 22 at 4:52 p.m. (EDT), a miner that acquired 50 bitcoin on May 17, 2010, spent the funds that sat idle for 11 years and five months. There hasn’t been a 2010 block reward spent in three months and the last time a 2010 miner spent their ‘sleeping bitcoin’ was on July 4, 2021. After waiting patiently for more than a decade, the miner who spent the ‘sleeping bitcoin’ on Friday saw a percentage gain of 76,249,900% if the individual cashed out into U.S. dollars today. Editor’s Note: Another block reward from 2010 that was created on July 18,....
On February 25, onchain analysts noticed two 2010 block rewards that were transferred after sitting dormant for over a decade. A lot of old blocks have been spent in 2021, and after the large strings of 2010 block rewards spent on January 3rd and 10th, another massive string of 20 block rewards from 2010 were moved on the 25th. In addition to these old bitcoin moves, block rewards from 2011 have started to wake in great numbers as well. 80 Block Rewards from 2010 Spent This Year, 4,000 Bitcoin Worth $188 Million For a good portion of 2020 and into 2021, news.Bitcoin.com and a small group....
On December 27, at around 2 a.m. in the morning (EST), another large string of decade-old sleeping bitcoins was transferred. The miner spent 20 block rewards that were originally mined in 2010, and also spent the corresponding bitcoin cash block rewards as well. The bitcoins moved are worth well over $27 million using today’s exchange rates. **Update: At approximately 3:10 p.m. (EST) at block height 663,241 another 2010 block reward was spent, making it an aggregate total of 21 decade-old block rewards on December 27, 2020. Most strings of 2010 spent blocks this year have been....
On January 10, another strange string of 20 bitcoin block rewards from 2010 was spent after sitting idle for over ten years. The spending of 1,000 decade-old bitcoins worth over $39 million today, follows the recent string of 1,000 units transferred on the 12th anniversary of Bitcoin’s genesis block launch. Seven days ago an old-school miner spent 20 block rewards from 2010 that held approximately 1,000 decade-old bitcoins. The interesting spending took place on January 3, 2021, on the 12th anniversary of the Bitcoin network’s start. Following that string of 2010 block rewards....
Another 2010 block reward was spent on Wednesday morning (ET) adding to the great number of ‘Satoshi era’ or so-called ‘sleeping bitcoins’ waking up in 2020. The block reward with 50 bitcoins was created on November 11, 2010, and transferred in block 652,669 after ten years. During the last few weeks, news.Bitcoin.com has been leveraging multiple tools to crawl the BTC blockchain, in order to research a great number of old coins that have moved this year. The term ‘Satoshi era’ refers to the period when Satoshi Nakamoto, Bitcoin’s inventor, was....