Here’s Where the Earliest ETH Ever Mined Ended Up 5 Years Later

Here’s Where the Earliest ETH Ever Mined Ended Up 5 Years Later


Ethereum, a household name in the crypto industry, fired up its network on July 30, 2015, but what happened to the first ETH coin ever mined all those years ago? Blockchain analytics and Anti-Money Laundering company Coinfirm found out. 

“Another great example of the many benefits of blockchains such as Ethereum compared to the traditional space, we can see and understand the literal creation of value and how it moves,” Coinfirm co-founder and CMO Grant Blaisdell told Cointelegraph, adding, “In a time where fiat printing by central banks and other major elements are absolutely unknown to the people and businesses effected by it.”

*Image courtesy of Coinfirm.

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The fist mined ETH coin came into existence five years back  

Ethereum’s inaugural mined block attributed to the following address: 0x05a56e2d52c817161883f50c441c3228cfe54d9f, Coinfirm data showed. The address received a 5 ETH payout. 

The noted address racked up 265.63 ETH in mining rewards over time, responsible for a total mining career of 53 blocks. A Kraken

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