Because the block hash assigned to block #528249 is 00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a, and, according to calculations, it is very unlikely for a miner to compute this hash.
Thus, it was found that there is about a 0.4699 percent chance of this block hash being discovered.
However, according to the genesis block scriptsig on Coinbase, it only took the miner who solved the genesis block about 4.2 minutes to sign the block.
Some individuals believe block #528249 was not just a coincidence or predetermined, but rather a hidden message on the Bitcoin blockchain.
But it’s also possible that 21e800 was a predetermined block from an individual on the Bitcoin network who is more savvy than the rest of the community.
The crypto community has been in hysteria over block #528249. With its block hash 21e800 having such a low probability of occuring, some members of the crypto community believe there is a hidden message from Satoshi Nakamoto. What could be the other explanations?
Yesterday, someone on Twitter posted the hash of a recent Bitcoin block, the thousands of Tweets and other conversations that followed have convinced me that Bitcoin has crossed the line into true cult territory.
Yesterday, someone on Twitter posted the hash of a recent Bitcoin block, the thousands of Tweets and other conversations that followed have convinced me that Bitcoin has crossed the line into true cult territory.
Also read: Robinhood Reportedly Considering Formal Banking Services One Row of Zeros, Infinite Possibilities On June 19 at 19:32 UTC, block number 528249 was discovered by the BTC.TOP mining pool. But when the block is viewed in an explorer such as Blockchair, something astonishing appears when you hover your cursor over the block hash: the number
Despite heavy pullbacks in price, the network continues to perform better than ever. Transactions are cleared quickly and fees are low. The economical use of block space through batching and SegWit are strong contributing factors.
The shift has already started; finance is moving onto the blockchain, leveraging the decentralization and disintermediation benefits of the technology’s architecture.
Bitcoin (BTC) has yet again made good use of the support line in the $7,800 region to ward off piling up bearish pressure. It has done so for the fifth week in a row now, and with the price going back over $8,300, the possibility of a bullish reversal has begun looming on the horizon.