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Sleeping Bitcoins Worth $40 Million Move- Mystery Miner Spends Another 1,000 BTC From 2010 Block Rewards
10.1.2021
On January 10, another strange string of 20 bitcoin block rewards from 2010 was spent after sitting idle for over ten years. The spending of 1,000 decade-old bitcoins worth over $39 million today, follows the recent string of 1,000 units transferred on the 12th anniversary of Bitcoin’s...
10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 ‘Satoshi Era’ Bitcoins from 2010 Spent Today
27.12.2020
On December 27, at around 2 a.m. in the morning (EST), another large string of decade-old sleeping bitcoins was transferred. The miner spent 20 block rewards that were originally mined in 2010, and also spent the corresponding bitcoin cash block rewards as well. The bitcoins moved are worth well...
OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
19.11.2020
Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China...
Bitcoin mining revenue hits yearly high, after return to pre-halving levels
19.11.2020
Bitcoin mining revenue has topped $20 million per day, its highest level this year
20 More Block Rewards from 2010 Spent Today— Why Are Decade-Old Bitcoins Waking Up?
8.11.2020
Following the 21 coinbase rewards from 2010 spent on November 7, another long string of so-called ‘sleeping bitcoins’ mined a decade ago were transferred on Sunday morning. According to onchain data, the 20 block rewards from 2010 with 1,000 BTC were transferred at 4:02 a.m. EST. A...
Another Mysterious String of 1,000 ‘Satoshi Era’ Bitcoins Mined in 2010 Moved Today
7.11.2020
On November 7 at around 12:37 a.m. (EST), another string of so-called ‘sleeping bitcoins’ were moved for the first time since 2010. The peculiar movement stemmed from 20 blocks from 2010 with approximately 1,000 BTC spent ($15.5 million) in a single block. 2020 has been a wild year...
On-chain metrics indicate Bitcoin miners’ influence on the price is diminishing
4.11.2020
Research suggests that Bitcoin miners are holding less of the asset
Filecoin Network Upgrade Goes Live, Miners Claim 25% Block Rewards
23.10.2020
The mandatory upgrade is the first post-launch upgrade to the Filecoin network
Another ‘Sleeping Bitcoin’ Block Reward from 2010 Was Caught Waking Up After Ten Years
14.10.2020
Another 2010 block reward was spent on Wednesday morning (ET) adding to the great number of ‘Satoshi era’ or so-called ‘sleeping bitcoins’ waking up in 2020. The block reward with 50 bitcoins was created on November 11, 2010, and transferred in block 652,669 after ten years....
$12M in ‘Satoshi Era’ Bitcoins Move: 21 Block Rewards from 2010 Spent After a Decade of Slumber
11.10.2020
On early Sunday morning around 1:38:02 a.m. (New York time), approximately 20 blocks with coinbase rewards from 2010 were spent in one block. 1,000 BTC was then consolidated into a single address before moving again. The massive movement of the decade-old ‘sleeping’ bitcoins was caught...
$8M Worth of ‘Sleeping’ Bitcoin Rewards from 2010 Moved the Day Before ‘Black Thursday’
4.10.2020
Over a half a million dollars worth of bitcoin from a May 2010 coinbase reward was transferred to Bitfinex on October 1. A parser recorded the old coins being spent and since mid-February 2020, roughly 33 so-called ‘sleeping bitcoin addresses’ from ten years ago have been spent to-date....
What to Watch for as SushiSwap Cuts Block Rewards From 1,000 to 100 SUSHI
13.9.2020
SushiSwap will distribute 90% less $SUSHI to its liquidity providers as it did before – and it's anyone's guess whether the piles of crypto locked in will stay
Shock: Ethereum Miners Against Proposal to Reduce Block Rewards by 75%
21.8.2020
The new EIP-2878 would reduce block rewards by 75% and has received sharp criticism from miners who say it will compromise the network’s security
Bitcoin Miners Reveal Concerns Over Mining Rig Shipment Delays and Bitcoin Halving
15.4.2020
The cryptocurrency market rout in mid-March, which saw bitcoin’s price slide significantly in value, has strained bitcoin mining operations by slashing considerable revenue from the block rewards. Moreover, shipping delays from mining manufacturers have caused uncertainty and mining...
Bitcoin Halving: How Miners are Preparing for Lower Block Rewards
11.4.2020
As the latest Bitcoin halving approaches, miners are upgrading equipment, optimizing arrangements, conserving power and more in the race to dominate
The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days
4.4.2020
The Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop...
Countdown to Block Reward Reduction – 18 Days Until Bitcoin Cash Halving
20.3.2020
In 18 days, the Bitcoin Cash (BCH) network will see its next halving as the block reward will decrease from 12.5 to 6.25 coins on or around April 8, 2020. BCH will be the first blockchain out of the top three SHA256 networks to halve as BSV will see a reward reduction two days after […]
The...
5% of Block Rewards – Bitcoin ABC Will Add Infrastructure Funding Plan in Next Release
15.2.2020
Bitcoin ABC developers published a blog post on Saturday which discusses the miner Infrastructure Funding Plan (IFP) and the team told the community the software engineers have been “requested” to implement IFP. According to the developers, the code for IFP will be implemented in...
Zcash Community Votes to Distribute 20% of Mining Rewards to Infrastructure Development
31.1.2020
The Electric Coin Company, a group that supports the development of Zcash (ZEC), announced the community has voted to distribute 20% of the ZEC network’s mining rewards to infrastructure and marketing development. The ZEC development funding proposal was initiated because the coin’s...
Bitcoin Cash Miners Plan $6M Development Fund by Leveraging Block Rewards
22.1.2020
A group of Bitcoin Cash mining pool operations have decided to help fund BCH infrastructure development. On January 22, Btc.top founder Jiang Zhuoer revealed that five mining pools are preparing a short-term developers donation plan. Miners from Btc.top, Bitcoin.com, Viabtc, Antpool, and Btc.com...