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A miner transferred 50 BTC block reward in 2010, worth $1.8 million

A miner transferred 50 BTC block reward in 2010, worth $1.8 million

2022/1/24

According to reports, the first recorded 2010 block reward payout was transferred on Friday after nearly two months of zero block reward payouts. The block reward of 50 bitcoins was worth about $1.8 million at the transfer time. However, the owner of this BTC address did not spend the corresponding BCH and BSV, which is equivalent to 100 unused tokens worth less than $20,000. The last block reward payout in 2010 occurred when BTC hit an all-time high when a giant whale spent 20 BTC block rewards. The 50 bitcoins spent on January 21 were split into two separate addresses, one containing ten bitcoins and the other 40 bitcoins. According to Blockchain statistics, the transaction has a meager privacy rating, and matching addresses have been identified. While significant 2010 block reward payouts did not occur until January 21, several 2011 block reward payouts have been. 11 2011 block reward transfers last November, eight-block reward transfers in December, and 1 2011 block reward payout so far this year. This month spent one block reward in 2012, 15 block rewards in 2013, and 6 block rewards in 2014 to date. So far, seven blockchain rewards in 2015 have been transferred, and 14 rewards in 2016 have been transferred during the year. Data from bitquery.io suggests that 50 bitcoins from 2010 may have been transferred to Coinbase based on on-chain movements.

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