Сквозь время: 15 лет спустя биткоин-майнер вновь в игре Translation: Through Time: A Bitcoin Miner Reenters the Game 15 Years Later

On December 2, a dormant miner of the first cryptocurrency, who had been inactive for 15 years, came back into action. Analysts from Onchain Lens noted this development.

The miner moved 50 BTC, valued at $4.3 million, to five new addresses. He had originally received these assets as a reward for successfully finding a block in March 2010, when Bitcoin was worth less than $1.

Currently, the block validation reward in the network is 3.125 BTC—a figure that halves every four years due to the halving process. The next scheduled event in 2028 will reduce the reward to 1.5625 BTC.

Previously, MARA CEO Fred Thiel stated that mining economics could become unviable for many unless transaction fees or the price of Bitcoin rise.

Miners are already facing the most significant crisis in Bitcoin mining history. Amid this backdrop, many companies are actively shifting their focus toward infrastructure for artificial intelligence.

Arab Chain specialists also reported that in November, cryptocurrency miners transferred over 220,000 BTC to Binance, up from 186,000 BTC in October.

Traditionally, significant inflows to exchanges are seen as preparations for selling, which raises concerns in the market due to potential negative pressure on the asset’s price.

However, in the current context, experts noted some nuances. According to them, for many professional miners, Binance has become a hub for comprehensive risk management and capital allocation.

In addition to the possibility of selling coins, experts suggested other scenarios, such as generating additional income by providing liquidity on the platform.

In October, analysts from OnChainSchool highlighted that whales transferred over 270,000 BTC—inactive for more than seven years—over less than a year. They have frequently been accused of putting negative pressure on the prices of digital gold.

At the end of November, large holders of the second-largest cryptocurrency by market cap also became active, moving coins received during the project’s ICO. On the 30th, a wallet that had been dormant for 10 years transferred 5 ETH (~$15,000) to a new address.

During the initial coin offering, the holder invested $12,400 and received $40,000. His assets are now valued at $119.5 million, yielding a return of 963,900%.

On December 1, a whale staked all the assets in his wallet, experts noted.

Another Ethereum holder, who accumulated 254,908 ETH (~$757 million) during the ICO, started selling off his assets.

Initially, he sold 20,000 ETH (~$58 million), and on December 2, he sold another 3,000 ETH (~$8.4 million).

Another ancient whale, holding 154,076 ETH (~$79 million), transferred 18,000 ETH (~$54 million) to the Bitstamp exchange.

Currently, Ethereum is trading nearly 43% below its all-time high of $4,946, reached in August this year. At the time of writing, the asset’s price is approximately $2,800.

It’s worth noting that in early November, major investors purchased the second-largest cryptocurrency for more than $360 million.