[AUCTION] Rare extra-large Bitcoin Block from BTCC Mint, w/ 26+ BTC, NO RESERVE!

[Otoh]

28 BTC

Nice, over 1 BTC in transaction fees: https://blockchain.info/block/000000000000000003a2127671f1939ff145d80203bbcef90c62c83ee850564c

Approx five & half hours to go: http://www.bitcoinblockhalf.com

[BTCC_Official]

theres no point in going over 30 since you can just buy one outright.

But this block is big... and everyone knows size matters just as much in crypto as anywhere else.

Just to give you all some more perspective about the uniqueness of this BTC26+ Bitcoin Block...

We plan to mine about ~100 of these BTC25+ Bitcoin Blocks before the halving.  And not only will this 2016 run be limited to the ~100 block, literally, there cannot be more of this made!

and of the 90+ blocks already mined, this is absolutely the largest block mined so far.  And all of this is completely verifiable by anyone:

Block #: 418,402
Address: 16AEBbzXfBuZb6atJu5coDMxtqGR8ieCoK
Bitcoins: 26.03392740
Transaction: https://blockchain.info/tx/0d36ca5eb506babc58650d42a42e28f1aef1cf5b6d043c3b4c88b933c464efbe

in 4 years, block rewards will come down to BTC6.25+, and in around 8 years, block rewards will only be BTC3.125+.
By then, 4 or 8 years later, your BTC26+ Bitcoin Block will be absolutely enormous; the rarest of the rare.

Bitcoin Block #418,402 is the one to get.

Imagine if someone had actually done this and made Bitcoin Blocks back when block rewards were BTC50+?
If the real Satoshi Nakamoto had the Bitcoin Block for the Genesis Block or Block #9, then it wouldn't be so hard to prove his identity!  

Stories to tell your children and grandchildren, that in your days growing up, Bitcoin block rewards were BTC50+ and BTC25+, and you'll have it in your hands to prove it.  

Down the road, I expect this to be the very best prize of the Bitcoin Blocks by BTCC Mint, especially the fact that this item is being auctioned to this audience on Bitcoin Talk Forum, on this historic 2nd Block Reward Halving Day.  

Good luck with your bids!

thanks,
Bobby

[BTCC_Official]

Update #1: Clarification about Auction Ending Time

As specified, this auction ends after the 420,000 block is found (the main chain one, in case there is an orphan).
However, we also have the no-sniping rule in place, which extends the auction by 15 mins after the last bid.

So in some sense, there is a random ending time to this auction.

What does this all mean?

At auction end time, whenever block 420,000 is mined, the last bid could be the direct winner if block 420,000 was found more than 15 minutes after the posting of the last bid.  

If block 420,000 was mined within 15 minutes of the last bid, then we are now officially in "over-time", where additional bids can come in within 15 minutes of each other.  Once 15 minutes lapses, I will declare the then-last bid the auction winner.

So in other words, as soon as block 419,999 is mined, the auction could end at any time.  Please be sure to put in your bids by then, such that you don't miss out.  (We routinely see block being mined within seconds of each other.)


I've also updated OP with this above information.

thanks,
Bobby

[Zepher]

theres no point in going over 30 since you can just buy one outright.

But this block is big... and everyone knows size matters just as much in crypto as anywhere else.

Just to give you all some more perspective about the uniqueness of this BTC26+ Bitcoin Block...

We plan to mine about ~100 of these BTC25+ Bitcoin Blocks before the halving.  And not only will this 2016 run be limited to the ~100 block, literally, there cannot be more of this made!

and of the 90+ blocks already mined, this is absolutely the largest block mined so far.  And all of this is completely verifiable by anyone:

Block #: 418,402
Address: 16AEBbzXfBuZb6atJu5coDMxtqGR8ieCoK
Bitcoins: 26.03392740
Transaction: https://blockchain.info/tx/0d36ca5eb506babc58650d42a42e28f1aef1cf5b6d043c3b4c88b933c464efbe

in 4 years, block rewards will come down to BTC6.25+, and in around 8 years, block rewards will only be BTC3.125+.
By then, 4 or 8 years later, your BTC26+ Bitcoin Block will be absolutely enormous; the rarest of the rare.

Bitcoin Block #418,402 is the one to get.

Imagine if someone had actually done this and made Bitcoin Blocks back when block rewards were BTC50+?
If the real Satoshi Nakamoto had the Bitcoin Block for the Genesis Block or Block #9, then it wouldn't be so hard to prove his identity!  

Stories to tell your children and grandchildren, that in your days growing up, Bitcoin block rewards were BTC50+ and BTC25+, and you'll have it in your hands to prove it.  

Down the road, I expect this to be the very best prize of the Bitcoin Blocks by BTCC Mint, especially the fact that this item is being auctioned to this audience on Bitcoin Talk Forum, on this historic 2nd Block Reward Halving Day.  

Good luck with your bids!

thanks,
Bobby

Thank you for the post Bobby! I agree 100% that this block is the one to own, and if I could get the funds together within 72hrs, I'd be bidding. Unfortunately it would take me up to a week, and therefore I'm out of this

Best of luck to all bidders, this is for sure one of the most unique physical bitcoin pieces you could ever get your hands on!

[NattyLiteCoin]

I wish I had me some Bobby Lee resources, not sure that this can be competed with.

Sick.

[Otoh]

http://www.bitcoinblockhalf.com

[Michail1]

Thank you for the post Bobby! I agree 100% that this block is the one to own, and if I could get the funds together within 72hrs, I'd be bidding. Unfortunately it would take me up to a week, and therefore I'm out of this

Best of luck to all bidders, this is for sure one of the most unique physical bitcoin pieces you could ever get your hands on!

It would be nice to own both blocks 419999 and 420000
BTCC - Make it happen. 

[chronicsky]

I want this but can't afford to keep so many bitcoin in funding 

[Zepher]

Thank you for the post Bobby! I agree 100% that this block is the one to own, and if I could get the funds together within 72hrs, I'd be bidding. Unfortunately it would take me up to a week, and therefore I'm out of this

Best of luck to all bidders, this is for sure one of the most unique physical bitcoin pieces you could ever get your hands on!

It would be nice to own both blocks 419999 and 420000
BTCC - Make it happen. 

You must have some very deep pockets Michail!!
Agreed, it would be great, but not much chance they'll mine both blocks. Forget about the fact I could never afford both!

[Zepher]

Thank you for the post Bobby! I agree 100% that this block is the one to own, and if I could get the funds together within 72hrs, I'd be bidding. Unfortunately it would take me up to a week, and therefore I'm out of this

Best of luck to all bidders, this is for sure one of the most unique physical bitcoin pieces you could ever get your hands on!

It would be nice to own both blocks 419999 and 420000
BTCC - Make it happen.  

Wonder what happened with this block: https://blockchain.info/block-height/419978

25btc / 1 tx  

Was watching the blockchain, block 419977 and 419978 happened within two minutes of each other. As for the output being the only transaction, I really don't know, two minutes is plenty of time in the bitcoin world 

[coin@coin]

Hope u guys manage to get an error block with 2 consecutive blocks like your 2 BTC error coin

Possibly the last 2 x 25 BTC blocks possible. 

However that will be 50 BTC, not everyone's cup of tea...

Or after the halving you can have a 25 BTC block with 2 x 12.5 blocks...

[CanaryInTheMine]

28.1

[roterdam]

28.2

[CanaryInTheMine]

28.3

[roterdam]

Coin is funded after received ?

[klondike_bar]

Coin is funded after received ?

presumably fundied immediately via the coinbase transaction.

[roterdam]

28.4

[BTCC_Official]

Coin is funded after received ?

Coin is funded.  We will insure with shipper for roughly USD $100, and require signature for delivery.
(The insurance and declaration for USD $100 will minimize any import duties or VAT being charged by your country.)

The block has already been mined, and the BTC has already been mined:
Transaction: https://blockchain.info/tx/0d36ca5eb506babc58650d42a42e28f1aef1cf5b6d043c3b4c88b933c464efbe

[klondike_bar]

the biggest flaw with such a gorgeous titanium coin is that while the block and its engravings are fire/water-proof, the hologram and private key are not

has BTCC considered either laser-engraving the private key on the block (might cause security concerns though), or otherwise engraving it on a small titanium disk placed behind the hologram? I can just imagine the heartache if the private key got damaged or illegible

[BTCC_Official]

the biggest flaw with such a gorgeous titanium coin is that while the block and its engravings are fire/water-proof, the hologram and private key are not

has BTCC considered either laser-engraving the private key on the block (might cause security concerns though), or otherwise engraving it on a small titanium disk placed behind the hologram? I can just imagine the heartache if the private key got damaged or illegible

At this point, the hologram/private-key is not fire-proof, as you have correctly pointed out.
However, they are waterproof, as the private key is printed on waterproof polyester paper.

Good idea about laser etching the private key itself.  We thought of that, but currently, we don't have a feasible way of doing it while insuring the secrecy of the private key.  We'll continue to think about that for the future.

thanks,
Bobby