Bitcoin mined for pennies in 2010 moves after 16 years, now worth $8.5 million
The 100 BTC came directly from two mining rewards created during Bitcoin’s “Satoshi era” and had not moved for more than 16 years.
Make preferred on
Share this article
Summary
- About 100 bitcoin mined in July 2010 moved Wednesday after more than 16 years, rising in market value from about $6 to roughly $8.5 million.
- The coins came directly from two mining rewards and date to the “Satoshi era,” but their age does not establish a connection to Bitcoin’s pseudonymous creator.
- The transaction sent 10 bitcoin to one address and about 90.02 bitcoin to another, but public records do not show who controls them or whether they will be sold.
