In the nascent stages of cryptocurrency mining, a previously dormant Bitcoin wallet sprang to life after lying idle for 14 years. As per findings by Lookonchain, a blockchain analysis platform, this mining wallet transferred around $3.05 million, equivalent to 50 BTC, to the Binance exchange. The original acquisition of these coins dates back to July 14, 2010, during the era when Bitcoin could be mined using personal computers, yielding block rewards of up to 50 BTC. The revival of long-abandoned wallets often sparks speculation, with some social media pundits hinting at potential ties to Satoshi Nakamoto.
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