An unknown miner has been mining Bitcoin daily since November 2016, accumulating all rewards in one wallet. During this period, the balance of the address has exceeded 4165 BTC, which is currently equivalent to approximately $375 million.
This is reported by Business • Media
The Miner Has Not Sold Bitcoin for Over Eight Years
According to the published data, there have been no recorded transactions for the sale or transfer of Bitcoin from this wallet. The last activity on this address was observed more than eight years ago. The prolonged accumulation and lack of Bitcoin movement have sparked discussions in the crypto community.
“An anonymous miner who has been mining Bitcoin daily since November 2016 has accumulated over 4165 BTC. All funds have been directed to the same wallet. The current value of the assets in it is estimated at approximately $375 million.”
On the social network X (formerly Twitter), users are actively discussing this situation. Some speculate that the owner may have lost access to the private keys, while others highlight his patience and confidence in the rising value of Bitcoin. There are also comments regarding the significant electricity costs to maintain continuous mining over such a long period.
Current Bitcoin Value and Unique Mining Cases
At the time of preparing this material, the Bitcoin exchange rate hovers around $92,000, underscoring the substantial value of the anonymous miner’s accumulated assets.
Earlier, there was also a report of a solo miner with a hash rate of 270 TH/s receiving $285,000 for a mined Bitcoin block. This only confirms that even individual market participants have a chance to receive significant rewards for mining the first cryptocurrency.
