«Заслуженная премия» для биткоин-майнера: пробуждение 15 лет спустя Translation: Well-Deserved Reward for Bitcoin Miner: Awakening After 15 Years

On December 2, a long-dormant miner of the original cryptocurrency sprang into action after being inactive for 15 years. Analysts from Onchain Lens took note of this development.

The miner transferred 50 BTC, valued at $4.3 million, across five new addresses. These assets were received as a reward for successfully mining a block back in March 2010, when Bitcoin’s price was under $1.

Currently, the reward for validating a block in the network stands at 3.125 BTC, which is halved every four years during the halving process. The next scheduled event in 2028 will reduce this figure to 1.5625 BTC.

Previously, MARA CEO Fred Thiel indicated that the economics of mining could become unviable for many if transaction fees or Bitcoin prices do not increase.

Miners are already facing the most significant crisis in Bitcoin mining history. In response, many companies are actively shifting their focus to infrastructure for artificial intelligence.

Experts at Arab Chain also noted that in November, cryptocurrency miners transferred over 220,000 BTC to Binance, an increase from 186,000 BTC in October.

Typically, substantial deposits on exchanges are seen as preparations for sales, which raises concerns in the market due to the potential negative impact on the asset’s price.

However, within the current context, experts identified nuances. They stated that for many professional miners, Binance has become a hub for comprehensive risk and capital management.

In addition to possible coin liquidation, experts suggested other scenarios, such as generating additional income from providing liquidity on the platform.

In October, analysts from OnChainSchool reported that whales relocated over 270,000 BTC, which had been inactive for more than seven years. These entities have often been accused of exerting downward pressure on digital gold’s prices.

By the end of November, significant holders of the second-largest cryptocurrency by market capitalization also became active, having obtained their coins during the ICO of the project. On the 30th, a dormant wallet for 10 years transferred 5 ETH (approximately $15,000) to a new address.

During the initial coin offering, this wallet invested $12,400 and received $40,000 in return. Its current assets are valued at $119.5 million, yielding a return of 963,900%.

On December 1, a whale staked all of the assets held in its wallet, as noted by experts.

Another Ethereum holder, who accumulated 254,908 ETH (around $757 million) during the ICO, began liquidating their assets.

Initially, they sold 20,000 ETH (about $58 million), and on December 2, another 3,000 ETH (approximately $8.4 million).

Another ancient whale, with an account balance of 154,076 ETH (approximately $79 million), transferred 18,000 ETH (around $54 million) to the cryptocurrency exchange Bitstamp.

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

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