An address that has been often mining Bitcoin every day since November 2016 continues to rep all its rewards in a single wallet.
Over the final 8 years, the amount amassed in this wallet has reached 4,165 BTC. What’s great is that no sales had been fabricated from the wallet to this level, and no BTC has been withdrawn.
The address in ask (124YoiaSaUssbBeP5RukbSN9Evc3UJfwPj) holds roughly $373 million worth of Bitcoin at most modern prices. With Bitcoin within the within the meantime trading around $89,600, this prolonged-term accumulation is being interpreted as belonging to “one in every of potentially the most patient miners” within the cryptocurrency market.
On-chain transaction data trace that every one BTC bought by the wallet are mining rewards distributed through Ant Pool. Day-to-day rewards coming into the wallet in most modern days had been around 0.02 BTC, which is roughly such as $1,800.
In the years when this wallet started mining, it appears to be like to be to maintain aloof roughly 5.4 BTC per day. Here is roughly $450,000 at today’s BTC discover.
*Here is now not investment advice.
