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What Is the Bitcoin Genesis Block? How It All Started
On Saturday, January 3, 2009, Bitcoin was born. With the creation of the very first Bitcoin block—known as the 'Genesis Block'—the first set of 50 BTC was mined into existence. This genesis block is considered the start of the Bitcoin blockchain—and the beginning of the cryptocurrency revolution. Many would argue that the day it was minted represents Bitcoin's birthday. Though others instead believe that Bitcoin's birthday is actually three months earlier—when the Bitcoin whitepaper was first released. As the first block ever created, the genesis block is the start of the immutable database that is the ... (full story)