Bitcoin mine pool: Today’s Bitcoin mining pool ViaBTC The block has now been mined, and it includes not only the 4th Bitcoin halves, but what is deemed to be an “epic sat” By the Ordinals Numbering System, the first satoshi of every halving period (smallest unit in a Bitcoin).
Since its introduction, the Ordinals numbering scheme for satoshis has sparked debate, but it also helped to create a new market. They can be classified by their rarity. “epic satoshis” They are also rarest as they can only be found every 210,00 blocks (or approximately four years). These satoshis are more expensive on the Ordinals Market due to their scarcity.
Ordinals are classified into six distinct ranks based on their rarity.
Rareness levels of Ordinals
+ Common: any sat other than the first one in its block
+ Uncommon: First sat in each block
Rare: the first test of every difficulty adjustment period
First sat in each half-epoch
+ Legendary: the first cycle of each cycle
+ Mythic: the first block of the genesis block
Epic satoshis are valuable enough to draw attention from investors, miners and developers. Bitcoin block 840,000 coincident with the halves includes an Epic satoshi. The epic satoshi intensifies interest for the first block in the halving.
Markets for Ordinals offers rare satoshis, which are valued higher than the normal price of 1 satoshi. This market includes high class auctions like Sotheby’s that signal mainstream attention.
Questions arise as Ordinals, and other related markets, continue to grow. Runes, and other new protocols, add complexity to the landscape. This attracts investors, miners, and others who are looking for opportunities. “rare satoshis” Bitcoin miners may adopt new methods of mining with the help of Ordinals.
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Source: bitcoinmagazine.com
