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News

The Bitcoin Epic Satoshi Of The 4th Halving Was Auctioned For Over $2.1 Million

April 25, 2024 - Around 2 mins mins to read

Key Points:

  • ViaBTC’s subsidiary CoinEx auctioned off an “epic satoshi” from Bitcoin’s halving block, fetching a record-breaking 33.3 BTC, valued at over $2.1 million.
  • The Bitcoin epic satoshi, representing the first satoshi mined after each halving event, is one of only four ever created.
  • The sale underscores the enduring fascination with Bitcoin’s history and milestones, as well as the increasing demand for unique and significant digital relics.
On April 25, 2024, ViaBTC’s mining pool auctioned off an “epic satoshi” for 33.3 BTC, valued at over $2.1 million. This historic event, hosted on CoinEx, saw fierce competition among collectors and enthusiasts eager to own this rare artifact.
The Bitcoin Epic Satoshi Of The 4th Halving Was Auctioned For Over $2.1 Million

Read more: What is Bitcoin Halving? Why is this event of interest?

ViaBTC’s Bitcoin Epic Satoshi Auction: Historic Sale on CoinEx

The Bitcoin epic satoshi, originating from block 840,000, represents the first satoshi attached to the halving block reward. Only four of these epic sats have ever been created, making them highly coveted among Bitcoin enthusiasts.

CoinEx initiated the auction with a starting bid of 1 BTC, which quickly escalated to 33.3 BTC by Thursday morning.

The final bid surpassed $2.1 million, marking an astronomical increase of 338 billion percent compared to the typical value of a satoshi. This particular satoshi, labeled as Sat #1,968,750,000,000,000, is one of only four “epic satoshis” ever created, symbolizing the first satoshi attached to the halving block reward.

Significance of ‘Epic Satoshi’ Sale Reflects Community’s Fascination

Each Bitcoin epic satoshi holds significant historical importance within the ecosystem, symbolizing the beginning of a new halving epoch. The Ordinals numbering system categorizes satoshis based on rarity and significance, with Bitcoin epic satoshis occupying a prestigious place among collectors and investors.

As Bitcoin continues to evolve, the allure of these historic satoshis remains undiminished, reflecting the enduring fascination with the origins and milestones of the world’s leading cryptocurrency.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
News

The Bitcoin Epic Satoshi Of The 4th Halving Was Auctioned For Over $2.1 Million

Key Points:

  • ViaBTC’s subsidiary CoinEx auctioned off an “epic satoshi” from Bitcoin’s halving block, fetching a record-breaking 33.3 BTC, valued at over $2.1 million.
  • The Bitcoin epic satoshi, representing the first satoshi mined after each halving event, is one of only four ever created.
  • The sale underscores the enduring fascination with Bitcoin’s history and milestones, as well as the increasing demand for unique and significant digital relics.
On April 25, 2024, ViaBTC’s mining pool auctioned off an “epic satoshi” for 33.3 BTC, valued at over $2.1 million. This historic event, hosted on CoinEx, saw fierce competition among collectors and enthusiasts eager to own this rare artifact.
The Bitcoin Epic Satoshi Of The 4th Halving Was Auctioned For Over $2.1 Million

Read more: What is Bitcoin Halving? Why is this event of interest?

ViaBTC’s Bitcoin Epic Satoshi Auction: Historic Sale on CoinEx

The Bitcoin epic satoshi, originating from block 840,000, represents the first satoshi attached to the halving block reward. Only four of these epic sats have ever been created, making them highly coveted among Bitcoin enthusiasts.

CoinEx initiated the auction with a starting bid of 1 BTC, which quickly escalated to 33.3 BTC by Thursday morning.

The final bid surpassed $2.1 million, marking an astronomical increase of 338 billion percent compared to the typical value of a satoshi. This particular satoshi, labeled as Sat #1,968,750,000,000,000, is one of only four “epic satoshis” ever created, symbolizing the first satoshi attached to the halving block reward.

Significance of ‘Epic Satoshi’ Sale Reflects Community’s Fascination

Each Bitcoin epic satoshi holds significant historical importance within the ecosystem, symbolizing the beginning of a new halving epoch. The Ordinals numbering system categorizes satoshis based on rarity and significance, with Bitcoin epic satoshis occupying a prestigious place among collectors and investors.

As Bitcoin continues to evolve, the allure of these historic satoshis remains undiminished, reflecting the enduring fascination with the origins and milestones of the world’s leading cryptocurrency.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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