The ‘Epic Satoshi’ auction is exclusive and has already doubled the bids to two bitcoins

The auction for the “epic satoshi” from the fourth halving, which was initially mined by the mining pool Viabtc, has begun on Coinex. 

The initial bid on this event, which is Sat # 1,968,750,000,000,000, was one bitcoin. The biggest offer, after ten more bids, is now 2 bitcoins ($132,298). The rare satoshi’s link to block 840,000 is the direct cause of this increased interest in it.

Coinex, a subsidiary of the Viabtc Group, said that the “epic satoshi” from the halving block would be up for bid on its cryptocurrency exchange, with bidding beginning at 1 BTC, on the same day. 

Since last year, collectors have given some extremely small Bitcoin units numismatic value because of their historical relevance. There are only four “epic satoshis” in the world, which are the first satoshi from a halving block. These are extremely rare.

Ten bids have been placed in the ongoing auction for Sat # 1,968,750,000,000,000 from the fourth halving block as of 9:40 a.m. EDT on Tuesday, April 23, 2024. The current highest bid is 2 BTC, or $132,298. There are still a little over two days left for interested parties to place bids. The public is very interested in gathering priceless objects. According to Coinex on the auction platform, “satoshis have a higher collectible value by nature because they are assigned unique identifiers.”

Strangely, none of the other “epic satoshis” from earlier halvings have been auctioned off, and it’s still unknown where they are at this day. It is known that in 2012, Slushpool—which is currently known as Braiins Pool—discovered block 210,000. 

Furthermore, block 420,000 was discovered by F2pool in 2016 and block 630,000 was discovered by Antpool in May 2020. The idea of “rare satoshis” had not yet taken hold at that time. However, since the network’s founding, aficionados have given some bitcoins a numismatic worth.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Lalit Mohan

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