Key Takeaways
An “epic sat” from the fourth Bitcoin halving was sold for 33.3 BTC, equivalent to about $2.13 million;
The satoshi was mined by ViaBTC from block 840,000;
The sale took place on the CoinEx Global exchange.
An “epic sat” from the fourth Bitcoin halving was auctioned off for a staggering 33.3 Bitcoin (BTC), roughly equivalent to $2.13 million.
This satoshi stands out due to its rarity: it is one of only four that exist from the first block of each Bitcoin halving.
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Identified as “sat number 1,968,750,000,000,000,” this satoshi was mined by ViaBTC from block 840,000 on April 20 and sold just five days later. The auction, which began on April 22, closed with 34 bids.
The sale took place on the CoinEx Global exchange, which expressed their excitement over the successful event on X.
Satoshis, the smallest units of Bitcoin, are usually valued at approximately $0.00065. However, “epic sats” like this one carry historical importance and are much more valuable.
These units are part of the Ordinals system, which assigns a unique sequence number based on mining timestamps to each satoshi, enhancing their value as collectibles.
Looking ahead, the next Bitcoin halving is expected to occur around 2028 at block 1,050,000, further reducing the mining reward to 1.5625 Bitcoin.
In the process of mining the fourth halving block, ViaBTC received a block subsidy of 3.125 Bitcoin and 37.6 Bitcoin in transaction fees, totaling approximately $2.4 million at that time.
This underscores the unique elements of Bitcoin, which introduce major events like the sale of this epic sat.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.