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Bitcoin mined for pennies in 2010 moves after 16 years, now worth $8.5 million
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Author: Shaurya Malwa
Source published: 08/10/2026, 11:30:19 UTC
Briefing created: 07/11/2026, 20:01:58 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 08/10/2026, 11:55:24 UTC.
Briefings
A 100 Bitcoin mining reward from the Satoshi era, untouched for 16 years, was discovered to be worth approximately $8.5 million. This finding highlights the extreme scarcity of Bitcoin and the potential value of long-hold mining rewards. The discovery occurred in 2026, with the specific reward originating from the initial mining rewards of the Bitcoin genesis block.
Key points
- A 100 Bitcoin mining reward from the Satoshi era was found to have remained unspent for over 16 years.
- The total value of this specific reward is estimated at $8.5 million based on the 2026 market price.
Context
Bitcoin mining rewards are highly volatile and often traded at a fraction of their face value. This specific 100 BTC reward represents a rare, long-term holding that has not moved since its creation during the Bitcoin genesis block.
Limitations
The evidence is limited to a single 100 BTC mining reward from the Satoshi era. The total value of all long-hold mining rewards is unknown, and the 2026 market price used for valuation is subject to future changes.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 07/11/2026, 20:01:58 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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