Global cryptocurrency exchange, CoinEx Global auctioned a rare “epic sat” mined during Bitcoin’s fourth halving for 33.3 Bitcoin, worth approximately $2.13 million.
This unique satoshi, numbered 1,968,750,000,000,000, was mined by viaBTC in block 840,000 on April 20 and auctioned starting April 22. The winning bid surpassed 34 others, with the closest bid at 20 bitcoin.
An epic sat represents the first satoshi mined in a new halving block, and only four exist due to Bitcoin’s four halvings. These rare sats, with unique sequence numbers, hold a higher collectible value.
Tools like Ordiscan and OrdinalHub can verify ownership of such sats by checking UTXO and output numbers. ViaBTC, mining the fourth halving block, received a substantial reward of 3.125 bitcoin plus 37.6 bitcoin in fees.
This auction not only marked a significant sale but also highlighted Bitcoin’s community recognition and media attention. It’s a testament to the growing embrace of Bitcoin’s significance and scarcity in the crypto world.
Also Read: ‘Buy Bitcoin’ Note Linked to Yellen Hits 2.2 BTC in Auction