In July 2010, a miner managed to earn 50 bitcoins for his work and then started keeping the crypto asset he received as a reward in his wallet. At that time, Bitcoin was trading at just $0.05. 14 years later Bitcoins in the recycled wallet were transferred to Binance.

Satoshi era (between 2009-2011) These cryptocurrencies from the so-called period were worth only 2.5 dollars at the time they were mined. Today, the price of 50 bitcoins is exactly 3 million 76 thousand 40 dollars, that is: 101 million 434 thousand 660 TL It does.

He only mined blocks

in 2010 bitcoin It was quite new, and because the algorithm used grew with usage, the miner at that time could – which is almost impossible today – create a block himself and 50 bitcoins won. Nowadays, mining cryptocurrency is much harder and after the halvings the block reward has dropped to 3,125 bitcoins.

With the rise in Bitcoin prices and increased usage, it is no longer possible to mine on home computers. In recent years, the hashrate required to calculate new blocks has broken record after record. Therefore thousands of dollars Even dedicated systems may not be able to calculate blocks on their own.

Even if you have a crypto wallet in the middle of nowhere and you have 50 bitcoins What would you do if you found it?