Satoshi-era wallet (Jan 2009) moves 50 BTC

[nutildah]

As first reported by @lookonchain, an old miner just moved coins mined on Jan 30, 2009 (close to 15.5 years ago). This is the addresses' only outgoing transaction.

https://www.blockchain.com/explorer/addresses/btc/1C4rE41Kox3jZbdJT9yatyh4H2fMxP8qmD

Current value of the coins is $3,183,366. I checked and they did not move the Bitcoin Cash (yet -- its a piddly $17k).

I'm wondering who else could have been mining coins back then aside from Satoshi and Hal. I'm sure there was a handful of other individuals.

They paid a fee of $0.69.  

What's also interesting is they ignored the inputs of 2 other deposits from 2020.

[GTX1060x2]

Movements were on at least 5 wallets
https://www.blockchain.com/explorer/addresses/btc/18E5d2wQdAfutcXgziHZR71izLRyjSzGSX
https://www.blockchain.com/explorer/addresses/btc/13J8FkimCLQ2EnP1xRm7yHhpaZQa9H4p8E
https://www.blockchain.com/explorer/addresses/btc/1MBBJBFEaYKHFZAeV7hQ7DWdu3aZktjzFH
https://www.blockchain.com/explorer/addresses/btc/1CGT3Ywaa2upJfWtUtbXonDPNTfZPWqzmA

[garlonicon]

What's also interesting is they ignored the inputs of 2 other deposits from 2020.

It is normal. If you have P2PK, then you move only coins from P2PK, nothing else. If you use a block explorer, which splits P2PK and P2PKH correctly, then it looks more natural: https://mempool.space/address/0430a00f6bea440b3300030f3283d5af7759d6330bb2cca2f43ae2dd8f408984be119c8b687f1eccef0a72a7b9166d330d40b0d193758b4654467d084aae79fbf7

[nutildah]

Movements were on at least 5 wallets

Good find. Maybe somebody is cashing out hardcore. Wouldn't blame them.

What's also interesting is they ignored the inputs of 2 other deposits from 2020.

It is normal. If you have P2PK, then you move only coins from P2PK, nothing else. If you use a block explorer, which splits P2PK and P2PKH correctly, then it looks more natural

Gotcha. This explains why the mining & send transactions don't show up for the address on mempool.space.

[shield132]

As first reported by @lookonchain, an old miner just moved coins mined on Jan 30, 2009 (close to 15.5 years ago). This is the addresses' only outgoing transaction.

https://www.blockchain.com/explorer/addresses/btc/1C4rE41Kox3jZbdJT9yatyh4H2fMxP8qmD

Current value of the coins is $3,183,366. I checked and they did not move the Bitcoin Cash (yet -- its a piddly $17k).

That's very interesting. I couldn't imagine if someone had access to such an old wallet but what makes this accident interesting is that they didn't move Bitcoins until this day while there were lots of bull runs and lots of attractive moments to move those coins. I believe that the owner didn't have access to it but somehow managed to gain access, probably by brute force.

I'm wondering who else could have been mining coins back then aside from Satoshi and Hal. I'm sure there was a handful of other individuals.

They paid a fee of $0.69.  

What's also interesting is they ignored the inputs of 2 other deposits from 2020.

There wouldn't be many other individuals besides Satoshi and Hal because Bitcoin was launched on 3 January 2009 and the owner of this address mined coins on 29 January 2009. It's very interesting who gained access to this wallet, is it the official owner of the address? And if yes, then why didn't he/she move coins before? I think that they didn't touch other inputs because they don't know the history of those 2 transactions and didn't risk it.

[Ambatman]

This is an "Ancestor's" wallet. I doubt if there would be any that would hold unto such profit for years and choose to move now, except they never did have access.
Like this is the first movement, meaning they have never taken profit.
Either their will is inhumane or they never had access until recent.
Funny it could be an inheritance
Who knows.

[Lucius]

~snip~
I'm wondering who else could have been mining coins back then aside from Satoshi and Hal. I'm sure there was a handful of other individuals.

I don't know how credible it is, but James Howells (the guy with the most expensive HDD) claims he was one of the first to mine with Satoshi. However, as far as we know, he still hasn't found his HDD, and considering that he claims that the disk has encryption, we can assume that it is not his coins.

...When asked what he will talk about, he goes on to explain that he’s been involved with Bitcoin since December 2008, which is when he first downloaded the whitepaper and software. James says he was one of the first six people to run and mine Bitcoin. He mined with his machine connected with the creator of Bitcoin – ‘Satoshi Nakamoto’...The lost hard drive also contains “the real IP address of satoshi as well as the wallet file,” adding: “not that I would dox satoshi ?”.

[Pandorak]

50 bitcoin block reward & he/she didn't make any withdrawals from that balance, i can't imagine how patiently he/she was waiting for the right moment for him/her, he/she has gone through so many ups/downs in the price of bitcoin. After all that was the block reward in the early days of bitcoin, could this possibly have something to do with Satoshi Nakamoto as the creator of bitcoin?

[...] What's also interesting is they ignored the inputs of 2 other deposits from 2020.

It really looked strange seeing him/her not take out the entire balance.

[tranthidung]

I don't know how credible it is, but James Howells (the guy with the most expensive HDD) claims he was one of the first to mine with Satoshi. However, as far as we know, he still hasn't found his HDD, and considering that he claims that the disk has encryption, we can assume that it is not his coins.

I knew about James Howell and his famous story of lost bitcoin in a HDD and his attempt to rescue it from a landfill. For anyone who did not know about James.
James Howell lost 8,000 bitcoins by throwing away a HDD in 2013, 11 years ago.

...When asked what he will talk about, he goes on to explain that he’s been involved with Bitcoin since December 2008, which is when he first downloaded the whitepaper and software. James says he was one of the first six people to run and mine Bitcoin. He mined with his machine connected with the creator of Bitcoin – ‘Satoshi Nakamoto’...The lost hard drive also contains “the real IP address of satoshi as well as the wallet file,” adding: “not that I would dox satoshi ?”.

Honestly, it is my first time to know about this information and from James. I have been here many years but I learn something new today from you, thanks for sharing it.

I searched for finding more sites mention about it but did not find any other sources, coinrivet is the only site has this information. I am doubtful because theymos said that Satoshi Nakamoto always used Tor in the forum. It is less possible that Satoshi Nakamoto did not use Tor outside the forum especially for Bitcoin-related activities.

[Stablexcoin]

If there was an opportunity to ask the user how he got access to his Bitcoin. I remember mining Bitcoin on the Website Blockchain.com back then in 2018 and not to date I have not gotten any access to that account because I lost my email that was linked to it.

This miner had just realized he had BTC he mined for 15 years ago and I was expecting to hear such news because he is not the only one who had forget about their coin and lost access to it.

[seoincorporation]

As first reported by @lookonchain, an old miner just moved coins mined on Jan 30, 2009 (close to 15.5 years ago). This is the addresses' only outgoing transaction.

https://www.blockchain.com/explorer/addresses/btc/1C4rE41Kox3jZbdJT9yatyh4H2fMxP8qmD

Current value of the coins is $3,183,366. I checked and they did not move the Bitcoin Cash (yet -- its a piddly $17k).

I'm wondering who else could have been mining coins back then aside from Satoshi and Hal. I'm sure there was a handful of other individuals.

They paid a fee of $0.69.  

What's also interesting is they ignored the inputs of 2 other deposits from 2020.

If they ignored the inputs then there is a chance that the transaction was auto. It's possible to build a transaction now wait some years, and then push it. That would explain why they ignore the last inputs.

It is weird to see this kind of block moving, it could be satoshi, or an earlier miner, or even a guy who found the privatekey by some kind of brute force and then just took the coins from it, but in that scenario, he would take the full balance and not just the main input. I think that's the trick, the ignored inputs.

[Lucius]

~snip~
Honestly, it is my first time to know about this information and from James. I have been here many years but I learn something new today from you, thanks for sharing it.

This is not the first time that I have published this information on the forum, you can surely find it in some old topics that dealt with this. Honestly, people don't pay attention to anything else but the lost BTC, although there are a lot of interesting details - like the fact that it wasn't James who threw away that HDD, but his girlfriend or wife (I don't remember exactly anymore).

I searched for finding more sites mention about it but did not find any other sources, coinrivet is the only site has this information. I am doubtful because theymos said that Satoshi Nakamoto always used Tor in the forum. It is less possible that Satoshi Nakamoto did not use Tor outside the forum especially for Bitcoin-related activities.

If you noticed that this source states that James asked for a monetary compensation for the interview, he obviously wanted to strengthen his story with new details in the phone conversation. As for the use of Tor, somehow it doesn't seem to me that Satoshi would give away his IP so easily considering that to this day he still manages to protect his privacy. If what James is saying is true, then a lot of people would have his real IP address, and it would be strange that no one has published it until today.

[tranthidung]

This is not the first time that I have published this information on the forum, you can surely find it in some old topics that dealt with this. Honestly, people don't pay attention to anything else but the lost BTC, although there are a lot of interesting details - like the fact that it wasn't James who threw away that HDD, but his girlfriend or wife (I don't remember exactly anymore).

I did not read it from you, that's why I missed this information, till today. Is this story true, who threw it away, only James knew. Did he fabricate this story, only he knows.

If you noticed that this source states that James asked for a monetary compensation for the interview, he obviously wanted to strengthen his story with new details in the phone conversation.

I believe that James wanted to use this story to get money from it. It can be true somewhat, and some information was added to polish the story more exctiting and attractive.

As for the use of Tor, somehow it doesn't seem to me that Satoshi would give away his IP so easily considering that to this day he still manages to protect his privacy. If what James is saying is true, then a lot of people would have his real IP address, and it would be strange that no one has published it until today.

I thought the same because with Satoshi Nakamoto, privacy is very important so it is less likely Satoshi Nakamoto did let some early Bitcoin miners, users knew about his actual IP address. Tor will be his tool for defending his privacy.

Self leaking actual IP addresses sounds not like Satoshi Nakamoto.

[CryptoJ0hn]

As first reported by @lookonchain, an old miner just moved coins mined on Jan 30, 2009 (close to 15.5 years ago). This is the addresses' only outgoing transaction.

https://www.blockchain.com/explorer/addresses/btc/1C4rE41Kox3jZbdJT9yatyh4H2fMxP8qmD

Current value of the coins is $3,183,366. I checked and they did not move the Bitcoin Cash (yet -- its a piddly $17k).

I'm wondering who else could have been mining coins back then aside from Satoshi and Hal. I'm sure there was a handful of other individuals.

They paid a fee of $0.69.  

What's also interesting is they ignored the inputs of 2 other deposits from 2020.

If they ignored the inputs then there is a chance that the transaction was auto. It's possible to build a transaction now wait some years, and then push it. That would explain why they ignore the last inputs.

It is weird to see this kind of block moving, it could be satoshi, or an earlier miner, or even a guy who found the privatekey by some kind of brute force and then just took the coins from it, but in that scenario, he would take the full balance and not just the main input. I think that's the trick, the ignored inputs.

This has already been explained above:

What's also interesting is they ignored the inputs of 2 other deposits from 2020.

It is normal. If you have P2PK, then you move only coins from P2PK, nothing else. If you use a block explorer, which splits P2PK and P2PKH correctly, then it looks more natural: https://mempool.space/address/0430a00f6bea440b3300030f3283d5af7759d6330bb2cca2f43ae2dd8f408984be119c8b687f1eccef0a72a7b9166d330d40b0d193758b4654467d084aae79fbf7

[adaseb]

Wow. This is crazy. This was only block 2247. I think this is the oldest coinburn I have seen ever.

This was on January 29 2009 and the first block ever was on January 8 2009. Wonder who else could of been mining around this time. Maybe it was that HDD guy who threw it away.

This is proof that all those estimates about "bitcoins lost forever" are inaccurate because you got transactions like this happening which many assumed it was a long lost private key. Many are estimating that around 3 Million bitcoins are lost this way but as you can see, these coins can wake up at anytime. Even Satoshi coins themselves could one day get spent. There is no proof that he lost his private keys or that he passed away.

[CryptoJ0hn]

Maybe it was that HDD guy who threw it away.

Unlikely. He had all his funds at one address: 198aMn6ZYAczwrE5NvNTUMyJ5qkfy4g3Hi

[ImThour]

This is crazy, that you can move 3 Million Dollars with just a single click and a fee of 69 cents. If it's someone who was Holding forever, I am sure they are going to hold it now for the upcoming bull run and might take this portfolio to somewhere near $6 million in October 2025, almost 2x from the current prices. I would love if he could withdraw some and enjoy life if he's not already doing it.

[CryptoJ0hn]

This is crazy, that you can move 3 Million Dollars with just a single click and a fee of 69 cents.

But when he makes an exchange for money, the commission will be different)

[criptoevangelista]

Moving money at a very low cost and with zero bureaucracy, without borders, without having to have your name registered in any system, without opening hours, without questions, without anyone getting involved and without having to answer to anyone. Ah... how good it is to have bitcoin, there is nothing like it in this world. Freedom, freedom!

[The Cryptovator]

Nevermind who mined that time, either Hal or Satoshi. They need to spend their funds, of course. Whenever a question was raised, I always said they must have access to their wallet. Because Satoshi or whoever mined Bitcoin at that time knows very well how to secure wallet seed phrases. They were brilliant who contributed from the beginning of the Bitcoin journey. So this isn't surprising to me. It's never harmful for the Bitcoin community as well. I don't believe Satoshi or the next generation of Hal would be a threat for the Bitcoin community. They are free to sell their holdings and enjoy their lives as well.