The First BTC Transaction Took Place 13 Years Ago

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13 years ago, on January 12, 2009, Bitcoin creator Satoshi Nakamoto made the first crypto transaction by sending 10 BTC to cryptographer Hal Finney.

Hal Finney played an important role in the history of Bitcoin, and according to one version, he was the creator of the crypto.

The first digital gold transaction was confirmed at block # 170. The value of the cryptocurrency Finney received was practically zero, Rizzo noted.

At the moment, Bitcoin is trading around $42,860, with a capitalization of more than $808 billion.

According to Finney, he mined several blocks on his own personal computer. Since then, cryptocurrency mining has evolved into an industry that uses specialized high-performance devices and has a network hashrate exceeding 170 EH/s.

However, solo cryptocurrency mining continues. On January 11, 2022, an unknown miner calculated block 718,124 with a hardware capacity of 126 TH/s. The probability of this event was less than 0.0001%. He received a reward of 6.25 BTC. In 2009, 50 BTC was charged for the mined block – the figure is halved approximately every four years.

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