Bitcoin Miner Wallets Reactivated After Over 15 Years ‼️$BTC
Several Bitcoin Miner Wallets from 2009 have become active after 15 years of inactivity
The reactivation of Bitcoin miner wallets dating back to 2009 sparked significant interest in the cryptocurrency industry on Friday.
The wallets, which had been inactive for 15 years, contain 250 BTC, representing a current value of approximately $15.9 million.
According to on-chain data from Lookonchain, five wallets from 2009, each containing 50 BTC, were reactivated within an hour
The crypto funds from these Bitcoin miner wallets were released shortly after the Bitcoin blockchain was launched on January 3, 2009.
Blockchain analysis shows that one wallet received its mining reward on January 29, 2009, while three others were rewarded on January 31, and the final wallet received its reward on February 2, 2009 — all before the first Bitcoin halving in 2012.
At the time, the reward for mining a block was 50 BTC, significantly higher than the current reward of 3,125 BTC.
When these coins were mined, they were worth little to nothing. However, Bitcoin’s dramatic price increase over the past decade has turned them into significant fortunes.
The reactivation of these wallets has attracted attention due to their long dormancy and potential connections to early Bitcoin adopters.
As news of the reactivation spread, the crypto community began speculating about the wallet owners.
Some have suggested that these wallets may belong to Bitcoin’s pseudonymous creator, Satoshi Nakamoto, or to early contributors like Hal Finney, who received the first Bitcoin transaction from Nakamoto on January 12, 2009.
Others have suggested more mundane explanations, assuming someone rediscovered an old hard drive and stumbled upon a hidden fortune