![]() ![]() Since the creation of Casascius coins, a variety of other types of physical Bitcoin have emerged under various names, some of which include: Alitin Mint, Titan Bitcoin, Cryptmint coins, Antana coins, Ravenbit Satoshi coin, CoinedBits and Lealana coins. ![]() The brass coins and the gold-plated bars can be redeemed for actual BTC. Casascius bars and coins are physical metal Bitcoin collectibles that were created by Mike Caldwell and sold until late 2013 in increments of 1, 10, 25, 100, and 1000 BTC. They can come either loaded or unloaded, with unloaded coins lacking the private key that is usually used to redeem any associated bitcoin. A crypto whale apparently redeemed a gold Casascius Bitcoin bar presently valued at 745,000. According to data from, the Casascius S2-BAR-100 held 100. Invented by Mike Caldwell in 2011, Casascius coins are some of the first known-examples of so-called physical bitcoins that is, BTC stored within a physical structure, such as a coin or bar. that means anyone with Casascius coins/bars can now get them. This week, on December 23, an individual peeled a 100 BTC Casascius bar currently worth 723K just for the BTC alone. A Casascius coin is a physical Bitcoin unit that comes in various designs, sizes and types, typically owned by niche collectors. ![]() Not all Casascius coins contain actual BTC. A rare 1 BTC Casascius coin NFT sold for 150,000 (3.5x the peel value) on the 4K. Due to their limited number, Casascius coins are considered to be an attractive investment opportunity, and typically command a premium over their “peel value” - that is, the sum total of the cryptocurrency they contain. Over the course of his three-year project, Mike minted and added value to a total of 27,938 Casascius coins and bars with an estimated worth of 91,262.8 BTC. Mike Caldwell continued producing Casascius coins until 2013, but shut down the operation due to the intervention of the Financial Crimes Enforcement Network (FINCEN) who believed the activity may be considered money transmitting, and hence require a license. Invented by Mike Caldwell in 2011, Casascius coins are some of the first known-examples of so-called “physical bitcoins” - that is, BTC stored within a physical structure, such as a coin or bar. Casascius 2-Factor Gold-Plated Savings Bar: Dress your Bitcoins for tomorrow, make them look their best in your vault today. What Is a Casascius Coin?Ī Casascius coin is a physical Bitcoin unit that comes in various designs, sizes and types, typically owned by niche collectors. Casascius Bitcoins are physical coins you can hold - and each one is worth real digital bitcoins. On that day six months ago, there were 19,920 Casascius physical bitcoins left active and today. Since September 18, 2021, close to 250 Casascius physical bitcoins were redeemed over the last 198 days. A physical unit of Bitcoin that comes in the form of brass, silver or gold-plated coins. End to 250 Casascius Physical Bitcoins Had been Redeemed in 6 Months, 1.9B in BTC Stay Appealing. ![]()
0 Comments
Leave a Reply. |