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Author Topic: Want to buy - the world's first 25 BTC block  (Read 3672 times)
nimda
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July 23, 2012, 07:49:44 PM
 #21

But if the private key is delivered to you, then the deliverer also has the private key. And then, you don't really own the address. For this reason, getting the major pools to pay it out to 1st25... directly would be better.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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July 23, 2012, 11:07:21 PM
 #22

If you really had some money I would take a gamble and aproach the top 3 pools.  Offer to prepay them a premium directly if they use a vanity address (1st25BTC....) you generated as the coinbase for that block. 

Then it will be 0 hops.  Of course even w/ top 3 pools you only have a ~50% chance of getting that particular block.

Nice idea. Let me think about it for a few months.

Yes, great idea. Wish I had thought of it...
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July 24, 2012, 07:40:43 AM
 #23

I bid 60BTC on the 25BTC on the awarded Private Key only if it was solo mined, no pool.

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July 24, 2012, 08:42:00 AM
 #24

Is anyone interested in last 50 BTC, first 25 BTC or some other exotic uncirculated coins ?
We can negotiate this.

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July 24, 2012, 01:02:20 PM
 #25

Is anyone interested in last 50 BTC, first 25 BTC or some other exotic uncirculated coins ?
We can negotiate this.

What would something like this run us Tycho.  It is a compelling idea.

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July 24, 2012, 02:51:05 PM
 #26

If you really had some money I would take a gamble and aproach the top 3 pools.  Offer to prepay them a premium directly if they use a vanity address (1st25BTC....) you generated as the coinbase for that block. 

Then it will be 0 hops.  Of course even w/ top 3 pools you only have a ~50% chance of getting that particular block.

Nice idea. Let me think about it for a few months.

Yes, great idea. Wish I had thought of it...
+1, great way to do it. That way, you can have no trust necessary in regards to passing private keys, since the pool only needs the address to mine to. And, multiple pools can all work on the same address.

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July 24, 2012, 07:40:27 PM
 #27

Maybe the last 50 BTC block?!

I bid 30 BTC for that block.
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July 26, 2012, 01:29:48 AM
 #28

Is anyone interested in last 50 BTC, first 25 BTC or some other exotic uncirculated coins ?
We can negotiate this.
I think they should be auctioned off!  Think about what the genesis block is worth right now?

Do it! You will only gain the profit the auction brings. 
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July 26, 2012, 04:19:34 AM
 #29

Announcement to all: if I mine the first 25BTC block, I will keep it to myself Smiley
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July 26, 2012, 12:57:58 PM
 #30

You are still soloing!?!?  Shocked Shocked Shocked  wow

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July 27, 2012, 04:39:47 AM
 #31

Yes. Always been a solo'er since the very first day.
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July 27, 2012, 02:03:26 PM
 #32

Is anyone interested in last 50 BTC, first 25 BTC or some other exotic uncirculated coins ?
We can negotiate this.
I think they should be auctioned off!  Think about what the genesis block is worth right now?

Do it! You will only gain the profit the auction brings. 


Great idea! We will participate!

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July 27, 2012, 02:18:46 PM
 #33

I think an auction would be a great idea for these 'collectors items'. The proceeds of which could be split between the finding pool and a good Bitcoin cause.

I would definitely be in the hunt for the last 50BTC block.  Can someone organize this with the pools?  I know its not a guarantee but it still would be worth trying.

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July 27, 2012, 06:17:48 PM
 #34

hmm, so to raise interest and not have the "special coins" destroyed an hour after creation, you should auction it before you have it. Wonder which auction platform allows auctioning items with an unknown seller Smiley

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July 28, 2012, 12:29:30 AM
 #35

hmm, so to raise interest and not have the "special coins" destroyed an hour after creation, you should auction it before you have it. Wonder which auction platform allows auctioning items with an unknown seller Smiley

There is auctions sub-forum here at bitkointalk! It would be great to donate money from sales to forum .

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