Bitcoin Forum

This is a rare double-funded Bitcoin Block with two full bitcoin blocks mined into one public address. The Block contains 50+ BTC in *uncirculated* block rewards, mined from blocks 418,419 and 418,427.

Address: 16AoTTrCXWpUFmjUGPG5qqyrtVsLkvXFPv

Bitcoins: 50.71528925 BTC

Date Mined: June 29th, 2016

Auction terms:

- The auction starts now and ends at 3:00 PM (UTC) on Sunday, October 2nd.

- The starting bid is 50 BTC, with no reserve.

- The bid increment is 0.10 BTC.

- You are bidding for the whole block, which comes with nice solid wood display box and free insured shipping worldwide.

- Payment is in bitcoin only. Payment details will be given to the winner.

- No sniping! Every bid within 15 minutes of the end of the auction will extend the auction another 15 minutes.

- The winner will have 3 days (72 hours) to make payment.

- Shipping will take place once payment has been received.

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Update #1: Payment address for winner

For the winning bid by user windjc, please send your BTC 51.20 BTC to this address:
1Nhd5a2knhzY1qVmKi3kDYVdiR2cgqJPdG

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https://www.btcc.com/site/images/uploads/gallery/bitcointalk_1475053743108_auctionblock.jpg

Oh boy this is an expensive one... However there's over 50 BTC in this baby!

And most probably the only one which will ever exist!

No one started yet?  ;D Let's begin:

50

These pieces are very cool and definitely a neat way of storing your coins.
I have a couple of questions. Out of curiosity, how does a bar get double funded? Is the finding process automatic or are the Bitcoins manually sent from a freshly mined block?
Secondly, since you're dealing with a high amount of BTC, what form does the private key come in? Is it engraved into the bar?

When they hit 2 blocks back to back and can not change the script fast enough. The key is like Casascius and is mini key. Michail1 came up wth a nice how-to redeem guide

https://bitcointalk.org/index.php?topic=1513929.msg15230720#msg15230720

 i am impressed..  really nice item..

Heh, hope it doesn't come back to bite you starting the bid at 50 BTC instead of 50.7. I'd say theres a decent chance of Canary winning it at 50, due to the lack of people with 50 BTC laying around to bid with.

You're telling me most people don't have a secret wallet holding $30,000 of currency? huh, I guess I have to rethink priorities.

Guess we wait for Otoh ;D

50.1

50.2 BTC

Just to confirm
Free insured worldwide shipping but what about the Heavy fee that might be charged on it?

How does shipping work if I am located in the USA? Will you guys ship it directly to me?

I would assume this shiny block gets deliverd in person by a nice Bitgirl^^  ;D

50.30BTC

50.7BTC

Edit: Acutally will have to retract my bid because I won't be able to pay within 72 hours of the auction end date, and that shipping would be a huge hassle.

51BTC

If shipping to USA won't be much of a trouble/no customs issues that I'm assuming you guys would handle.

Watching with much interest.

This is going to be fun to watch!  :)

51.10

Please note that I received a message requesting for payment from https://bitcointalk.org/index.php?action=profile;u=904886 . (note the - instead of a _).

51.2

Please watch for messages. This is the message from the scammer

He's a pretty poor scammer as he didn't wait for the auction to actually end. lol.

Scammers try on every auction these days...

so 51.2 btc was the winning bid?

I would assume so.. ??? Was wondering the same thing earlier.

It is Chinese Holidays until October 7th, but I would have thought someone from BTCC would have updated this thread?.

I think I won. Lol.

I sent Bobby a DM today to ask about payment address.

So you essentially paid .5BTC for a super rare coin, not bad considering the first count auctioned went for 7 or so BTC over the 25 BTC spot.

Yes, I believe everyone else was either asleep on or vacation. I think OTOH was on vacation ;)

You did. I think the lack of communication is because of my previous comment.


In my opinion, you got this for an absolute steal. People were watching... don't think otherwise ;) There are just not many of us with 50+ BTC lying around ;D

Great score man. Really!! Hope you cherish this. I know I would!

+1 this. I was going to bid more had not I am unsure if I'll be away on a vacation in the coming weeks. :)

Thank you for participating everyone! We'll be in touch shortly with more details.

We've posted the payment address in the original post. This address is the same address that we used to receive payment after our last auction (https://bitcointalk.org/index.php?topic=1540484.msg15483911#msg15483911).

Payment sent. Thank you! Perhaps Bobby can send his business card and signature as well? :)