Dormant Bitcoin Addresses from 2009 Reactivated

Five dormant Bitcoin addresses, each holding 50 BTC mined in January 2009, have been reactivated after over 15 years. These addresses, tied to Bitcoin's early days shortly after the network’s creation, were mined during the so-called "Satoshi era" using CPUs when Bitcoin's difficulty was only 1.

According to data from Mempool.space, these addresses mined Bitcoin at block heights 2247, 2401, 2455, 2486, and 2690 between January 30 and January 31, 2009 (UTC). Each transaction moved 50 BTC, adding up to a total of 250 BTC, now valued at over $15 million. The transactions were confirmed in quick succession at blocks 862079, 862082, 862084, 862085, and 862087, leading to speculation that the addresses might be controlled by one individual or a connected group.

The reactivation of these early wallets remains an uncertain event, fuelling speculation about their ownership and whether they are linked to Bitcoin's mysterious creator, Satoshi Nakamoto. However, the identity of the person or group behind these transactions remains unknown.

This was first reported by The Miner Mag


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