Quote from: patronis on June 23, 2016, 05:04:46 PM

Quote from: painedprism on February 17, 2016, 06:20:18 AM

hey guys. when did they dig up the first block and how much bitcoins was it worth.

The first block was the genesis block its hardcoded into the Bitcoin platform.

There is a wiki that explains Bitcoin for anyone who wants to learn about it.

https://bitcoin.org/en/faq

It has a page that explains what the genesis block is, and how it contains the message "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks". That's a Times newspaper headline, and that day's newspaper is now a rare collector's item.

https://en.bitcoin.it/wiki/Genesis_block

Quote

The coinbase parameter (seen above in hex) contains, along with the normal data, the following text:[2]

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks[1]
This was probably intended as proof that the block was created on or after January 3, 2009, as well as a comment on the instability caused by fractional-reserve banking. Additionally, it suggests that Satoshi Nakamoto may have lived in the United Kingdom.

The original newspaper from which this title was taken has become a collector's item, and very few copies have been identified.