From $4 to Over $3.1 Million — Miner Transfers 50 'Sleeping Bitcoin' After BTC Sat Idle for 11 Years

in hive-160342 •  3 years ago 

from-4-to-over-3-1-million--miner-transfers-50-sleeping-bitcoin-after-btc-sat-idle-for-11-years.webp

On October 22 at 4:52 p.m. (EDT), a miner that acquired 50 bitcoin on May 17, 2010, spent the funds that sat idle for 11 years and five months. There hasn’t been a 2010 block reward spent in three months and the last time a 2010 miner spent their ‘sleeping bitcoin’ was on July 4, 2021. After waiting patiently for more than a decade, the miner who spent the ‘sleeping bitcoin’ on Friday saw a percentage gain of 76,249,900% if the individual cashed out into U.S. dollars today.

From $4 to Over $3.1 Million — Miner Transfers 50 'Sleeping Bitcoin' After BTC Sat Idle for 11 Years

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