{"id":53392,"date":"2020-12-28T09:02:00","date_gmt":"2020-12-28T09:02:00","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=53392"},"modified":"2020-12-28T09:02:00","modified_gmt":"2020-12-28T09:02:00","slug":"10-year-old-block-rewards-wake-up-data-parsers-catch-a-string-of-1000-satoshi-era-bitcoins-from-2010-spent-today","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=53392","title":{"rendered":"10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 \u2018Satoshi Era\u2019 Bitcoins from 2010 Spent Today"},"content":{"rendered":"<p><img decoding=\"async\" width=\"696\" height=\"392\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/12\/cover-1-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 'Satoshi Era' Bitcoins from 2010 Spent Today\" loading=\"lazy\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/12\/cover-1-768x432.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/cover-1-300x169.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/cover-1-1024x576.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/cover-1-696x392.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/cover-1-1068x601.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/cover-1-747x420.jpg 747w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/cover-1-190x107.jpg 190w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/cover-1-380x214.jpg 380w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/cover-1-760x428.jpg 760w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/cover-1.jpg 1280w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\"><\/p>\n<p><strong>On December 27, at around 2 a.m. in the morning (EST), another large string of decade-old sleeping bitcoins was transferred. The miner spent 20 block rewards that were originally mined in 2010, and also spent the corresponding bitcoin cash block rewards as well. The bitcoins moved are worth well over $27 million using today\u2019s exchange rates.<\/strong><\/p>\n<p><em>**Update: At approximately 3:10 p.m. (EST) at block height 663,241 another <a href=\"https:\/\/blockchair.com\/bitcoin\/address\/1KicDu3bRF417QXKVHSsKjT22AJZTDMv6s\">2010 block reward was spent<\/a>, making it an aggregate total of 21 decade-old block rewards on December 27, 2020. Most strings of 2010 spent blocks this year have been precisely 21 consecutive blocks.**<\/em><\/p>\n<p>This year, the price of <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\">bitcoin (BTC)<\/a> has increased <a href=\"https:\/\/news.bitcoin.com\/bitcoin-all-time-price-high-surpasses-28k-btcs-half-trillion-market-cap-now-bigger-than-visa\/\">a great deal in value<\/a> and during the course of the year, decade old bitcoin mining rewards have woken up from slumber. In the cryptocurrency space, old coins that haven\u2019t moved in over a decade are sometimes referred to as \u2018Satoshi-era\u2019 coins, \u2018sleeping bitcoins,\u2019 or \u2018zombie coins.\u2019 Estimates think that there are well over a million <a href=\"https:\/\/news.bitcoin.com\/lost-coins-study-estimates-btcs-true-supply\/\">zombie coins<\/a> that haven\u2019t moved in over a decade. On December 18, 2020, onchain researchers from Glassnode <a href=\"https:\/\/twitter.com\/glassnode\/status\/1339989964298268673?s=21\">tweeted<\/a> that \u201c1.78 million bitcoins have never left their miner address.\u201d<\/p>\n<p>\u201cThat is 9.5% of the circulating bitcoin supply,\u201d the onchain researchers said at the time. \u201cOur analysis shows that 98% of those coins were mined more than 7 years ago, and 94% more than 10 years ago. Most could be lost forever,\u201d the researchers added.<\/p>\n<p>Then on December 27, 2020, after news.Bitcoin.com has reported on numerous strings of old school 2010 coins being spent, another string of at least 20 block rewards from 2010 were transferred. Again, our team caught the action with the help from the onchain parser web portal <a href=\"https:\/\/btcparser.com\/\">Btcparser.com<\/a>.<\/p>\n<figure aria-describedby=\"caption-attachment-432399\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-432399 size-full\" title=\"10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 'Satoshi Era' Bitcoins from 2010 Spent Today\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/12\/new27.jpg\" alt=\"10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 'Satoshi Era' Bitcoins from 2010 Spent Today\" width=\"1280\" height=\"900\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/12\/new27.jpg 1280w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/new27-300x211.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/new27-1024x720.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/new27-768x540.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/new27-100x70.jpg 100w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/new27-200x140.jpg 200w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/new27-696x489.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/new27-1068x751.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/new27-597x420.jpg 597w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"><figcaption class=\"wp-caption-text\">News.Bitcoin.com once again caught the action leveraging Btcparser.com, an onchain parser that catches \u2018sleeping bitcoin\u2019 transactions.<\/figcaption><\/figure>\n<p>All of the block rewards from 2010 spent on Sunday morning stemmed from coinbase rewards issued between August and October ten years ago. The rewards from 2010 include approximately 1,000 <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> worth more than $27 million using today\u2019s exchange rates.<\/p>\n<p>In addition to the decade-old <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> spent on Sunday, the miner also spent the corresponding <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BCH\">bitcoin cash (BCH)<\/a> as well. The 1,000 <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BCH\" target=\"_blank\" rel=\"noopener noreferrer\">BCH<\/a> is fetching over $354,000 USD using Sunday\u2019s exchange rates. The old school miner did not move the corresponding units of <a href=\"https:\/\/markets.bitcoin.com\/crypto\/BSV\">bitcoinsv (BSV)<\/a>, as the <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BSV\" target=\"_blank\" rel=\"noopener noreferrer\">BSV<\/a> coinbase rewards currently remain in the address.<\/p>\n<p>This has been the case with most of the prior 2010 coinbase block reward strings of spends our newsdesk has caught in 2020, as the corresponding <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BSV\" target=\"_blank\" rel=\"noopener noreferrer\">BSV<\/a> has not been moved at all.<\/p>\n<figure aria-describedby=\"caption-attachment-432391\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-432391 size-full\" title=\"10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 'Satoshi Era' Bitcoins from 2010 Spent Today\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/12\/notyobags.jpg\" alt=\"10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 'Satoshi Era' Bitcoins from 2010 Spent Today\" width=\"1190\" height=\"600\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2020\/12\/notyobags.jpg 1190w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/notyobags-300x151.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/notyobags-1024x516.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/notyobags-768x387.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/notyobags-696x351.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/notyobags-1068x538.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2020\/12\/notyobags-833x420.jpg 833w\" sizes=\"auto, (max-width: 1190px) 100vw, 1190px\"><figcaption class=\"wp-caption-text\">The (Not) \u201cSatoshi\u2019s Bags\u201d Tracker (When 2009-2011 Mined <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> Was Spent\/Unspent) has also caught the December 27, 2020, spends on Sunday morning. 20 block rewards from 2010 were moved into one address and then the 1,000 <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> was broken up into fractions.<\/figcaption><\/figure>\n<p>News.Bitcoin.com has caught a lot of old school \u2018Satoshi era\u2019 bitcoin spends that saw more than 1,000 <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> spent every time in 2020. One of the most interesting <a href=\"https:\/\/news.bitcoin.com\/8-m-worth-sleeping-bitcoin-rewards-2010-black-thursday\/\">sleeping bitcoin awakenings<\/a> was the day before March 12, 2020, otherwise known as \u2018Black Thursday.\u2019<\/p>\n<p>Following the string of coinbase rewards spent in mid-March, <a href=\"https:\/\/news.bitcoin.com\/12m-in-satoshi-era-bitcoins-move-21-block-rewards-from-2010-spent-after-a-decade-of-slumber\/\">another large 21 block string<\/a> was spent on October 11, 2020. More decade-old coins <a href=\"https:\/\/news.bitcoin.com\/another-sleeping-bitcoin-block-reward-from-2010-was-caught-waking-up-after-ten-years\/\">were spent on October 14<\/a>, and then another <a href=\"https:\/\/news.bitcoin.com\/1000-satoshi-era-bitcoins-2010-moved-today\/\">consecutive string of over 20<\/a> \u2013 2010 <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> block rewards on November 7, 2020. The following day, on November 8, a \u2018Satoshi-era\u2019 miner moved another sizable string of <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> coinbase rewards that did not move in over a decade.<\/p>\n<p><!-- growjs zone placement 31 --> <ins> <ins class=\"growjs-placement\"><\/ins> <\/ins> <!-- end of growjs zone placement --> <\/p>\n<p>The 20-block string of <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> rewards from 2010 transferred today had the <a href=\"https:\/\/blockchair.com\/bitcoin\/transaction\/9db6806babf807c31de043f39a1879ac03ab0be43debe8c185316d7d6946966d\">lowest privacy score<\/a> one can get when spending bitcoins, according to Blockchair\u2019s privacy-o-meter. The 2010 coinbase reward spends on Sunday had a rare fingerprint, a co-spend and likely a sweep, and the same address inputs.<\/p>\n<p>That spend, in particular, sent all 1,000 <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> to <a href=\"https:\/\/blockchair.com\/bitcoin\/address\/328ijbybXE6qKrJBMd6t56tpnXdyR4oCPU\">this address here<\/a>, but the coins were then moved into fractions after the original consolidation. That particular spend scored a 90% privacy rating on Blockchair\u2019s privacy-o-meter, as it was sent with a touch more \u201cdiscrepancy [or] no output of the same type as inputs.\u201d<\/p>\n<p><em><strong>What do you think of the string of old school 2010 block rewards spent on Sunday morning? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/news.bitcoin.com\/10-year-old-block-rewards-wake-up-string-of-1000-satoshi-bitcoins-2010-spent-today\/\">10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 \u2018Satoshi Era\u2019 Bitcoins from 2010 Spent Today<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/news.bitcoin.com\/\">Bitcoin News<\/a>.<\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener noreferrer\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On December 27, at around 2 a.m. in the morning (EST), another large string of decade-old sleeping bitcoins was transferred. The miner spent 20 block rewards that were originally mined in 2010, and also spent the corresponding bitcoin cash block rewards as well. The bitcoins moved are worth well over $27 million using today\u2019s exchange [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":53393,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-53392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/53392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53392"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/53392\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/53393"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}