An unknown individual or entity consolidated 2,000 bitcoin received as mining rewards dating back to 2010.
An unknown individual or entity who received 2,000 bitcoin in mining rewards in 2010 have brought all of the rewards together in a single wallet.
Bitcoin miners receive rewards for mining blocks on the Bitcoin blockchain. Early on, each block would reward the miner with 50 bitcoin. However, every four years, the rewards are cut in half in a process known as the halving. The next bitcoin halving will see block rewards drop from 6.25 BTC to 3.125 BTC. It is currently expected to take place on April 20, although that is subject to change.
Mononautical noted, "Imagine hodling for 14 years as the value rockets from a few hundred dollars to $140 million."
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