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Miner Producing Bitcoin for $ 0.13 Sold After 14 Years: Here's His Profit!

source-logo  en.bitcoinsistemi.com 10 August 2023 16:35, UTC

Bitcoin, which was very low when it first came out, has grown in popularity over time and reached an all-time high of $ 69,000 in November 2021.

At this point, some investors and miners kept the BTCs they bought in the early days and earned millions of dollars.

One of these investors was shared by CryptoQuant founder Ki Young Ju.

Ki Young Ju revealed that a Bitcoin miner who produced 150 BTC worth only $0.13 in 2009, sold his BTCs for $6.5 million last year.

Ju stated that the BTC miner's profit from this sale was 5,019,590,600.

“Fun Fact: This person mined 150 BTC worth $0.13.

This miner held 150 Bitcoins for 13 years and then sold it for $6.5 million. He made a profit of 5,019,590,600 from this sale. “

Fun Fact: This person mined 150 #Bitcoin valued at $0.13, held for 13 years, then sold for $6.5 million, yielding a 5,019,590,600% profit. pic.twitter.com/y1SJGAG6Yj

— Ki Young Ju (@ki_young_ju) August 9, 2023

This miner would have made more profit if he had not sold his BTCs at $ 43,000 in April last year, but sold it in November 2021 when Bitcoin was $ 69,000.

*Not investment advice.

en.bitcoinsistemi.com