“Epic Sat” auction closes at over $2 million
Key Takeaways
- The “epic sat” of the fourth Bitcoin halving sold for 33.3 BTC, equivalent to approximately $2.13 million.
- Satoshi was mined by ViaBTC in block 840,000.
- The sale took place on the CoinEx Global exchange.
The “epic circumstances” of the fourth Bitcoin halving It was auctioned for a whopping 33.3. Bitcoin (BTC) is equivalent to approximately $2.13 million.
This satoshi stands out because of its rarity. one of four in existence Starting from the first block of each Bitcoin halving.
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Identified by “Sat Number” 1,968,750,000,000,000,” This Satoshi ViaBTC mined at block 840,000. April 20th And I sold it in just 5 days. The auction started on April 22nd. It ended with 34 bids.
sale It was conducted on the CoinEx Global exchange. They expressed their excitement about the successful event at X.
Satoshi is the smallest unit of Bitcoin. It is usually worth about $0.00065. But “epic sats” like this has historical significance It’s worth so much more.
This unit is part of the ordinal system, This assigns each satoshi a unique sequence number based on its mining timestamp, enhancing its value as a collectible.
Looking ahead, The next Bitcoin halving is expected to occur at block 1,050,000 around 2028. Further reduces mining reward to 1.5625 Bitcoin.
In the process of mining the fourth halving block, ViaBTC received a block subsidy of 3.125 Bitcoin and 37.6 Bitcoin in transaction fees, totaling $2.4 million at the time.
This highlights the unique elements of Bitcoin that introduce major events such as this epic sale.
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