ChainCatcher report: According to on-chain analyst Emmett Gallic, a Bitcoin address associated with Geir Harald Hansen, founder of Bitminter, recently transferred 829 BTC, some of which had remained inactive for 8 years. Hansen founded Bitminter, one of the earliest mining pools, which at its peak accounted for nearly 10% of Bitcoin’s network hash rate and mined a total of 208,232 BTC.
Bitminter Founder Transfers 829 BTC After 8-Year Inactivity
ChaincatcherShare
Summary
Today’s BTC news reveals a major movement on the Bitcoin network, as a long-dormant address linked to Bitminter founder Geir Harald Hansen transferred 829 BTC, some of which had been inactive for eight years. Bitminter, once a leading mining pool, contributed nearly 10% of the network’s hash power and mined a total of 208,232 BTC. This BTC update underscores a rare reactivation of early-era holdings.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.