Post
Topic
Board Bitcoin Discussion
Re: Satoshi-era wallet (Jan 2009) moves 50 BTC
by
shield132
on 20/09/2024, 08:29:47 UTC
As first reported by @lookonchain, an old miner just moved coins mined on Jan 30, 2009 (close to 15.5 years ago). This is the addresses' only outgoing transaction.

https://www.blockchain.com/explorer/addresses/btc/1C4rE41Kox3jZbdJT9yatyh4H2fMxP8qmD

Current value of the coins is $3,183,366. I checked and they did not move the Bitcoin Cash (yet -- its a piddly $17k).
That's very interesting. I couldn't imagine if someone had access to such an old wallet but what makes this accident interesting is that they didn't move Bitcoins until this day while there were lots of bull runs and lots of attractive moments to move those coins. I believe that the owner didn't have access to it but somehow managed to gain access, probably by brute force.

I'm wondering who else could have been mining coins back then aside from Satoshi and Hal. I'm sure there was a handful of other individuals.

They paid a fee of $0.69.  Cheesy

What's also interesting is they ignored the inputs of 2 other deposits from 2020.
There wouldn't be many other individuals besides Satoshi and Hal because Bitcoin was launched on 3 January 2009 and the owner of this address mined coins on 29 January 2009. It's very interesting who gained access to this wallet, is it the official owner of the address? And if yes, then why didn't he/she move coins before? I think that they didn't touch other inputs because they don't know the history of those 2 transactions and didn't risk it.