Summary
TLDR: Bitcoin mining pool ViaBTC mined block 840,000, marking the fourth Bitcoin halving and introducing the concept of “epic sat” by the Ordinals numbering system. These rare satoshis are valuable and attracting attention from miners, developers, investors, and collectors, with marketplaces listing them at higher prices. As Ordinals and related markets grow, questions arise about their impact on Bitcoin’s ecosystem and the new strategies they may introduce for miners.
Key Points
1. The mining pool ViaBTC has officially mined block 840,000, marking the fourth Bitcoin halving and the introduction of an “epic sat” by the Ordinals numbering system.
2. Ordinals, numbering schemes for satoshis, have created an emerging market based on rarity, with “epic satoshis” being among the rarest due to their occurrence at each halving epoch.
3. The value of an epic satoshi has attracted attention from various parties, including miners, developers, investors, and collectors, leading to the emergence of marketplaces for Ordinals and discussions about their impact on Bitcoin’s ecosystem.