LuxWire(@LuxWire):Bitcoin Fact #15: The first published Bitcoin exchange rate came from a site called New Liberty Standard on October 5, 2009, which priced $1 at 1,309.03 Bitcoin. There was no market yet, so the site worked out the price from the cost of the electricity needed to mine a coin. #BitcoinFactOfTheDay

2026.10.20 13:08

Bitcoin Fact #15#: The first published Bitcoin exchange rate came from a site called New Liberty Standard on October 5, 2009, which priced $1 at 1,309.03 Bitcoin. There was no market yet, so the site worked out the price from the cost of the electricity needed to mine a coin. #BitcoinFactOfTheDay#

LuxWire@LuxWire

2026.10.19 14:34

Bitcoin Fact #14#: Bitcoin resets its mining difficulty every 2,016 blocks, but an off-by-one quirk in Satoshi's original code only measures 2,015 of the gaps between those blocks. The quirk has never been fixed, so blocks actually aim for a hair over 10 minutes on average, about 10 minutes and 0.3 seconds. #BitcoinFactOfTheDay#

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