Just over a week after Bitcoin halved its mining rewards, the first satoshi from the first block was sold for 33.3 BTC, worth about $2.1 million. Bitcoin’s smallest unit, 1 satoshi, is currently valued at around $0.0065.
As it can be remembered, the ViaBTC mining pool found this block in the 840,000th block halving and achieved the epic sat. Partnering with the CoinEX exchange, the company put this epic sat up for sale this week. Even though it was only 1 satoshi, this epic sat, which is actually worth much more than that, was sold yesterday. Starting on April 22nd and receiving a total of 34 bids, no information was given about the person or institution that bought the epic sell.
33.3 BTC was paid for the epic sat, and the second highest offer was 20 BTC.
It is known that some data can be processed on the satoshis, especially through the Ordinals protocol. This data, also known as “inscriptions”, enabled some Satoshi to be sold for much more than they should be worth. Ordinals creator Casey Rodarmor also categorized these satoshis.
- Common: Any sat that is not the first sat of its block.
- Uncommon: The first sat in each block.
- Rare: The first sat of each difficulty adjustment session.
- Epic: The first sat of each halving epoch.
- Legendary: The initial sat of each cycle.
- Mythic: The initial sat of the genesis block.