"Bitcoin Halving Sparks Race for Epic Sat Worth Millions, Miners Face $10B Revenue Loss"
As Bitcoin's fourth quadrennial "halving" approaches, cryptocurrency mining companies are racing to capture what could be the most valuable data block of all time, potentially worth millions of dollars. The first satoshi to be mined after the halving could theoretically attain a value of $1 million or more on digital collectibles marketplaces, thanks to the Ordinals protocol. This marks the first-ever race for an "epic" sat since the protocol's introduction, with mining firms ramping up operations to maximize their chances of obtaining this highly valuable satoshi. The concept of assigning value to individual satoshis and the potential development of a futures market around rare and epic sats are also being explored.
