An “epic sat” – an exceptionally rare satoshi mined from the fourth Bitcoin block halving – was sold for 33.3 Bitcoins (BTC), worth about $2.13 million.
The sale of satoshis – the smallest unit of Bitcoin – took place on cryptocurrency exchange CoinEx Global on April 25 – about five days after one of its partners, Bitcoin mining pool viaBTC, mined it. at block 840,000 on April 20.
“The auction ended successfully, with the FIRST & ONLY epic match sold for 33.3 BTC (≈ $2,134,000),” CoinEx posted on X on April 25.
“This auction is more than just a bidding event; it marks community recognition, media attention, and widespread acceptance of Bitcoin.”
Epic sat refers to the first satoshi mined in the Bitcoin halving block. Since there have been 4 halvings, only 4 of these rare sats exist.
These sats are allocated a unique serial number according to the Ordinals numbering system, based on mining timestamps.
Since there are one hundred million sats in 1 Bitcoin, a regular satoshi currently costs 0.00065 USD.
But certain sat numbers have special significance in the Bitcoin ecosystem, CoinEx explains.
Because satoshis are assigned unique identification numbers, they are Capital more collectible. As periodic events occur in the Bitcoin network, some more frequently than others, scarcity is naturally promoted.
Ordinals Bitcoin discovery tools like Ordiscan and OrdinalHub can be used to find out XEM a Bitcoin wallet owns a rare sat by verifying the exact UTXO and output number. Users who own rare sat can then transfer it to a wallet supported by Ordinals .
ViaBTC mined the fourth block halving, block 840,000, at 12:09 a.m. UTC on April 20.
It received a new block subsidy of 3,125 Bitcoins, in addition to a staggering 37.6 Bitcoins in bonus fees, worth $2.4 million at the time.
The next Bitcoin halving event is expected to occur around 2028 at block 1,050,000, which will see the mining reward halved to 1.5625 BTC.
