After 15 Years of Sleeping, Two Bitcoin Wallets Woke Up: Here’s Their Wealth Then and Now – 78 Million Times Increase

According to the development reported by cryptocurrency analysis platform Lookonchain, a Bitcoin miner wallet that was last active 15.7 years ago became active and transferred 50 BTC to another wallet. The amount in question corresponds to $3.05 million at the time of writing.

The wallet obtained these coins through mining on January 30, 2009.

Interestingly, shortly after the transfer of this wallet, a cryptocurrency wallet that had not shown any activity for 15.6 years also transferred 50 BTC out.

Since the first halving event had not yet occurred, Bitcoin miners at that time were receiving a reward of 50 BTC per block they mined. In addition, since there was no competition between miners, BTC mining could be done easily even on home computers.

These two mining wallets, which are probably connected to each other, only mined two BTC blocks in total at the time, and became the owners of 100 BTC. It is not known why the wallets were dormant for so long.

The first date that the BTC price was recorded was October 5, 2009, and at that time the BTC price was trading at $0.000764. In other words, the wealth of these two mining wallets at that time was $0.0764. The mining wallets' earnings since that period have attracted attention as 78 million times.

*This is not investment advice.