An extraordinary satoshi, known as an “epic sat,” has been sold for 33.3 Bitcoin (BTC), equivalent to approximately $2.13 million. This satoshi was mined from the fourth Bitcoin halving block and was sold on the CoinEx Global cryptocurrency exchange on April 25. The mining pool viaBTC, one of CoinEx’s partners, mined the satoshi in block 840,000 on April 20. The auction for the epic sat began on April 22 and received 34 bids, with an unidentified bidder ultimately winning ownership rights to the satoshi with the unique sequence number of “1,968,750,000,000,000.” The second-highest bidder offered 20 Bitcoin for the rare sat. CoinEx confirmed the successful conclusion of the auction on April 25, stating, “The auction has concluded successfully, with the FIRST & ONLY epic sat selling for 33.3 $BTC (≈$2,134,000). This auction isn’t just a bidding event; it marked the community recognition, media attention, & widespread embrace of #Bitcoin.”
An epic sat is the first satoshi mined in a new Bitcoin halving block. Since there have been four halvings, only four of these rare sats exist. Each of these sats is assigned a unique sequence number based on mining timestamps using the Ordinals number system. Currently, there are 100 million sats in one Bitcoin, with an ordinary satoshi priced at $0.00065. However, certain sats hold special significance within the Bitcoin ecosystem. Bitcoin Ordinals explorers like Ordiscan and OrdinalHub can be used to determine if a Bitcoin wallet owns a rare sat by verifying the exact UTXO and output number. If a user owns a rare sat, they can transfer it to an Ordinals-supported wallet.
ViaBTC mined the fourth halving block, block 840,000, at 12:09 am UTC on April 20. They received the new block subsidy of 3.125 Bitcoin and an impressive 37.6 Bitcoin in reward fees, worth $2.4 million at the time. The next Bitcoin halving event is expected to take place around 2028 at block 1,050,000, which will reduce mining rewards to 1.5625 Bitcoin.
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