ViaBTC, the mining pool that mined the first block after the Bitcoin halving on April 20, sold the "epic" satoshi it contained for 33.3 BTC ($2.13 million). An auction for the satoshi, or "sat," which has a face value of around $0.0006, ended at 16:00 UTC on crypto exchange CoinEx following a flurry of competing bids during the final few hours.
In the three previous halvings, there was little up for grabs other than bragging rights for mining the first block. However, the advent of the Ordinals protocol meant sats - the smallest denomination of bitcoin, equal to 0.00000001 BTC - could be identified and traded as if they were unique tokens, similar to non-fungible tokens (NFTs) on other networks.
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