2011

Whale Spends 10,000 BTC Worth $203M, Bitcoins Stem From the Infamous 2011 Mt Gox Hack

August 30, 2022 Bitcoin.com

10001 BTC

In two days’ time, bitcoin’s price dropped to fresh August lows as it dipped below the $20K per unit region for the first time since mid-July. During that time, two addresses created on December 19, 2013 sent 10,000 bitcoin worth $203 million to unknown wallets after sitting idle for close to nine years. Onchain data […]

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Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Peter Thiel Says His ‘Biggest Mistake of the Decade Was Getting Too Late and Too Little Into Bitcoin’

March 19, 2022 Bitcoin.com

2010

During a discussion published on March 12, 2022, the billionaire entrepreneur and venture capitalist, Peter Thiel discussed how he built Paypal with fellow co-founders Max Levchin, David Sacks, and Luke Nosek. Toward the end of the hour-long conversation, the topic quickly turned to cryptocurrencies and Thiel stressed that his “biggest mistake” during the last ten […]

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Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

2 ‘Sleeping Bitcoin’ Block Rewards From 2010 Wake up After Sitting Idle for More Than a Decade

February 18, 2022 Bitcoin.com

2010

During the last week bitcoin’s USD value has shed close to 9% as it slipped from $44,239 per unit two days ago, to below the $40K range on Friday. Meanwhile, in the last 24 hours, two sleeping bitcoin block rewards from 2010 woke up after more than a decade of sitting idle. The 100 bitcoins […]

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Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

The Miner Capitulation Number: A Look at When Bitcoin’s Price Crashed Below the Cost of Production

February 7, 2022 Bitcoin.com

2011

Over the last 30 days, Bitcoin’s hashrate has been coasting along at the highest levels ever recorded during the network’s lifetime. Bitcoin’s price improved recently but it is still down 38% from the crypto asset’s high, making bitcoin less profitable to mine. However, bitcoin mining is still profitable, in contrast to ten years ago, when […]

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Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Close to $50 Million in Bitcoin From 2011 Moved for the First Time in 10.5 Years

December 30, 2021 Bitcoin.com

1040 bitcoin

On December 29, two addresses from 2011 containing 500 bitcoin each transferred 1,000 coins for the first time in 10.5 years. Furthermore, another wallet from 2011 woke up on Wednesday, moving 40 bitcoin for the first time in over a decade. 1,040 Bitcoin from 2011 Move for the First Time in 10.5 Years On Wednesday, […]

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Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Bitcoin’s Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End Cycles

December 20, 2021 Bitcoin.com

2009

The price of bitcoin is down more than 33% from the crypto asset’s all-time high captured about a month ago on November 10. A while back, people expected the price of bitcoin to be extremely bullish during the months of November and December, and many expected a $100K bitcoin price by the year’s end. However, […]

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Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Hundreds of Millions Worth of ‘Sleeping Bitcoins’ Woke up After BTC’s Mid-November Price High

December 19, 2021 Bitcoin.com

2010

On Sunday, December 19, a dormant address that received 235 bitcoin in 2013 was activated after more than nine years of sitting idle. Bitcoin’s price has dropped lower after reaching its all-time high on November 10, and throughout December, records show a great number of so-called ‘sleeping bitcoins’ have activated during this period. Dormant Addresses […]

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Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

23,250 ‘Sleeping Bitcoins’ Spent in 2021: This Year Old School Miners Moved $1 Billion in BTC From 2010-2013

September 28, 2021 Bitcoin.com

2010

On Bitcoin’s 12th anniversary, a mystery miner from the early days spent 1,000 decade-old bitcoins that were mined in 2010. The strange miner was not the only entity that spent 2010 BTC block rewards during the last nine months, but this miner returned on a few occasions to spend strings of ten-year-old block rewards. As […]

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Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

Bitcoin Mining Difficulty Parameter Set to Increase for the First Time in 8 Weeks

July 27, 2021 Bitcoin.com

16% drop

Bitcoin’s hashrate has slowly crept back up between 85 exahash per second (EH/s) to 125 EH/s on July 14. The increase in hashpower has made it so the next mining difficulty change will increase for the first time in eight weeks. The four consecutive difficulty drops turned out to be the largest slide in Bitcoin’s […]

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Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA

4 Consecutive Difficulty Drops Make Bitcoin Block Rewards 49% Easier to Find

July 16, 2021 Bitcoin.com

16% drop

Following the largest mining difficulty drop in Bitcoin’s history, this weekend will once again see another slide, but less than 6% of the difficulty will be shaved. Statistics show Bitcoin’s hashrate has been able to climb higher since the difficulty drop two weeks ago, and climbed above 100 exahash per second (EH/s) this week. This […]

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Latam Insights: El Salvador’s Bitcoin Debt Idea, Milei’s MAGA