That's based on the logic of how ordinals work, but it's quite possible that miners aren't very familiar with that system and didn't realize the first sat would be worth more.
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That's based on the logic of how ordinals work, but it's quite possible that miners aren't very familiar with that system and didn't realize the first sat would be worth more.
But can you figure out if it actually has changed hands for more than any other sat? Are there collectors who care enough? Or am I misunderstanding. You're saying it would be worth more for the same reason a dollar bill with an interesting serial number is worth more than a dollar, right? That a collector will pay a premium to own THAT sat.
Yes, that's the idea. At the time there was a pretty active market in these 'collector' sats. I never traded in them myself.
Whoa yeah. I had no idea: https://www.coindesk.com/tech/2024/04/25/bitcoin-mining-pool-viabtc-sells-epic-first-post-halving-sat-for-213m