Bitcoin

100 Bitcoin From 2010 Moved. What the Numbers Mean

A 100 BTC stash mined in 2010 just moved after 16 years. The real numbers behind it, and what they say about solo mining odds today.

Cover: 16 years unspent, the key decides. Tess reads a receipt beside a route of cards ending in one highlighted exit.

On October 7, 2026, at 18:52 UTC, 100.02 bitcoin mined in July 2010 moved for the first time. They were worth about six dollars when they arrived and roughly $8.5 million when they left, according to CoinDesk's reporting on the transaction. Nobody knows who sent them, why, or whether they are heading to an exchange. The numbers still say something real about what solo mining used to be, what it is now, and what self-custody buys a person who is willing to wait.

The Number That Started It: 100.02 Bitcoin Mined in 2010

CoinDesk traced the coins to two mining rewards created in July 2010: one block paying the standard 50 BTC, and a second paying 50.02 BTC, the extra two hundredths coming from transaction fees in that block. The 100.02 BTC arrived at an address on July 30, 2010 and stayed unspent for more than sixteen years.

One detail corrects the usual "forgotten wallet" story. According to CoinDesk, the same address spent 200 BTC in August 2015, another 100 BTC in December 2017 and 249 BTC in March 2018. Only this 100.02 BTC payment sat untouched. An address can look active while one specific output sleeps, and Galaxy Research, which first flagged the move, said it tracks the coins, not the address.

When the coins moved, the transaction bundled them with six tiny later deposits and sent 10 BTC to one address and about 90.02 BTC to another. CoinDesk checked again the next morning and both holdings were still unspent. Who controls either address is not public. Nothing in the data says whether this is a sale, a security upgrade, an estate being settled or something else. Coin age does not identify an owner, and it does not connect these coins to Bitcoin's pseudonymous creator.

What Bitcoin Mined in 2010 Was Worth, By the Numbers

July 30, 2010 October 7-8, 2026
BTC price (approx.) $0.06 $82,000 to $85,000
Value of 100.02 BTC about $6 about $8.5 million (CoinDesk)
Multiple 1x about 1,400,000x

The multiple is the appeal of the story, and it is real: a holding worth about six dollars became worth millions without a single sale in between. The transaction records show no sale now either. No pool, exchange or custodian had to touch those coins for the holder to keep them. Only the key holder decided when they moved.

It was not an isolated event. Galaxy Research counted twelve addresses, each holding exactly 50 BTC from single March 2010 block rewards, that moved a combined 600 BTC on September 5, 2026, worth about $48 million at the time. Old coins are waking up across several owners, not just one.

The Number Nobody Can Confirm: Who Benefited

Blockchain data tells you what moved, when, and to which addresses. It does not tell you who owns them or whether they will be sold. Reports on earlier dormant-coin events make the same point again and again: a sixteen-year-old output could belong to a miner, a recovered hard drive or someone who never needed the money until now. Treat any claim that a specific person is behind this transaction as speculation.

The Number That Matters to a Solo Miner Using NexusPool Today

Here is the part that connects to anyone running a rig now instead of in 2010: how hard is it to find a block today. That number has to be computed. Take a single Bitaxe-class home miner at 1.2 terahashes per second. The October 3 difficulty of about 132.7 trillion implies a network hashrate near 950 exahashes per second (difficulty times 2^32, divided by 600 seconds). Divide the two: 1.2 TH/s over 950,000,000 TH/s gives a per-block probability of about 1.3 in a billion. Take the reciprocal and divide by the roughly 52,560 blocks mined per year at a 10-minute average spacing, and the expected wait for that one device lands near 15,000 years.

That is not a flaw in any pool's software. Difficulty sets the odds of finding a block, and it sets them the same way for every pool, NexusPool included. An average wait time is not a schedule. Running more machines or switching pools does not change what network difficulty already decided. Nobody should mine Bitcoin, Litecoin, Dogecoin or Bitcoin Cash expecting a return, and nothing here is investment advice.

What changed since 2010 is the size of the field, not the fairness of the rules. In July 2010 the whole network hashed with a tiny fraction of what one home ASIC produces today, so a block came to hobbyists on ordinary computers within days. A 2026 Bitaxe did not exist then, but the math shows why coins minted in 2010 came easily and coins minted today take patience measured in human lifetimes.

What the Numbers Add Up To

Strip away the mystery of who sent the transaction and three numbers remain: 100.02 BTC moved, sixteen years passed, and the key holder alone chose when. That is what non-custodial means in practice. Whoever holds these coins did not need a company's permission to keep them or to move them. NexusPool's technology page describes the same principle applied to mining: the pool never holds a balance, because the coinbase transaction pays the finder's own address directly. You can see what that payout looks like before a block is ever found on the Payout Preflight tool. The block pays your address. There is no balance for us to hold.

If this story pushes you to check anything today, check your own setup rather than the mystery wallet. Know your real hashrate, read the current network difficulty, and run the same division shown above before assuming a home rig will find a block on any predictable timeline. Trust nothing. Verify your own odds before you mine.