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Bitcoin News

Rare ‘Epic Sat’ from Bitcoin 4th Halving Sells for 33.3 BTC

ViaBTC auctions off the fourth-ever 'epic sat' for over $2.1 million, just days after mining it during the Bitcoin halving.

Written By Ronak Kumar
Published April 26, 2024 9:06 AM·Updated 1 year ago
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Rare 'Epic Sat' from Bitcoin 4th Halving Sells for 33.3 BTC

Global cryptocurrency exchange, CoinEx Global auctioned a rare “epic sat” mined during Bitcoin’s fourth halving for 33.3 Bitcoin, worth approximately $2.13 million.

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. A heartfelt thanks to all who support us. pic.twitter.com/fCFz1YrH0I

— CoinEx Global #GoCoin8x (@coinexcom) April 25, 2024

This unique satoshi, numbered 1,968,750,000,000,000, was mined by viaBTC in block 840,000 on April 20 and auctioned starting April 22. The winning bid surpassed 34 others, with the closest bid at 20 bitcoin.

An epic sat represents the first satoshi mined in a new halving block, and only four exist due to Bitcoin’s four halvings. These rare sats, with unique sequence numbers, hold a higher collectible value. 

Tools like Ordiscan and OrdinalHub can verify ownership of such sats by checking UTXO and output numbers. ViaBTC, mining the fourth halving block, received a substantial reward of 3.125 bitcoin plus 37.6 bitcoin in fees.

This auction not only marked a significant sale but also highlighted Bitcoin’s community recognition and media attention. It’s a testament to the growing embrace of Bitcoin’s significance and scarcity in the crypto world.

Also Read: ‘Buy Bitcoin’ Note Linked to Yellen Hits 2.2 BTC in Auction

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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