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10 year coins, 1000 BTC, 2010 blocks, Bitcoin (BTC), Bitcoin Cash BCH, Bitcoin, Bitcoinsv (BSV), block rewards, BTC, Coinbase rewards, lost coins, miners, Satoshi, Satoshi Era Bitcoin Coins, sleeping bitcoins, zombie bitcoins
At around 2 am on December 27 (Eastern Standard Time), a large string of sleeping bitcoins with a history of ten years were transferred. The miner spent 20 block rewards originally mined in 2010 and also spent the corresponding Bitcoin Cash block rewards. At today’s exchange rate, the value of mobile bitcoin is more than $27 million.
This year, the price of Bitcoin (BTC) has risen sharply. In this year, Bitcoin mining rewards that have been dormant for decades gradually wake up. In the field of cryptocurrency, old coins that have not moved for ten years are sometimes called “Nakamoto era” coins, “sleeping bitcoins” or “zombie coins”. It is estimated that more than one million zombie coins have not moved in the past ten years. On December 18, 2020, on-chain researchers from Glassnode Tweet “1.78 million bitcoins have never left their miner address.”
At the time, the researchers on the chain said: “This is 9.5% of the circulating Bitcoin supply.” “Our analysis shows that 98% of these coins were mined 7 years ago, compared to 94% 10 years ago. . Most people may lose forever.” The researcher added.
Then on December 27, 2020, news.Bitcoin.com reported that after many of the old 2010 school coins were used up, it transferred at least a string of 20 rewards from 2010. Similarly, our team took action with the help of the on-chain parser web portal Btcparser.com.
Starting in 2010, all block rewards spent on Sunday morning are derived from currency rewards released between August and October ten years ago. The rewards starting in 2010 include approximately 1,000 BTC worth more than 27 million U.S. dollars at today’s exchange rate.
In addition to using the 10-year-old BTC on Sunday, the miner also spent the corresponding Bitcoin Cash (BCH). Using Sunday’s exchange rate, the price of 1,000 BCH is more than $354,000. This old-school miner did not move the corresponding Bitcoin (BSV) unit because the BSV coin library rewards are currently still kept in the address.
This was the case for most currency reward series expenditures before 2010, because the corresponding BSV did not move at all, and our news desk caught these expenditures in 2020.
News.Bitcoin.com has attracted many old-school “Satoshi Nakamoto era” Bitcoin spending, and will spend more than 1,000 BTC each time by 2020. One of the most interesting sleep Bitcoin wakeups is the day before March 12, 2020, also known as “Black Thursday.”
After spending a series of coin base rewards in mid-March, another 21 large coins were spent on October 11, 2020. On October 14th, more coins with a ten-year history were spent, and then 20 to 2010 consecutive BTC block rewards were spent. November 7, 2020. On the second day, November 8, the miners of the “Satoshi Era” transferred another fairly large BTC coin base reward, which has remained unchanged for ten years.
According to Blockchair’s privacy-o-meter, the 20-block BTC reward transferred today from 2010 is the lowest privacy score that can be obtained when using Bitcoin. The 2010 coinbase reward spending on Sunday has rare fingerprints, common spending and it is likely to be swept, and the address input is the same.
In particular, that payout sent all 1,000 BTC to this address, but after the original merger, these tokens were subsequently subdivided. The specific expenditure received a 90% privacy level on Blockchair’s privacy meter because it was sent with a little “difference” [or] There is no output of the same type as the input. “
What do you think of the series of 2010 old school awards spent on Sunday morning? Let us know your thoughts on this topic in the comments section below.
Picture Credits: Shutterstock, PNG, Wiki Commons, Btcparser.com, Bitcoin.com, Holyroger.com,
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