🪙 1 BTC = $0.01
On July 15, 2010, the price of #bitcoin first reached 1 cent (USD).
🪙 1 BTC = $0.01
On July 15, 2010, the price of #bitcoin first reached 1 cent (USD).
Was the price more related to the energy it took to mine a block?
I believe so - the first documented bitcoin price was published only 9 month prior and was based purely on cost to mine a single coin.
https://web.archive.org/web/20091229132610/http://newlibertystandard.wetpaint.com/page/Exchange+Rate