Crypto Miners Compete for Chance to Mine Extremely Valuable Epic Sat After Bitcoin Halving

Bitcoin's upcoming "halving" event has crypto miners competing to mine a potentially very valuable "epic sat" worth millions of dollars due to its rarity.

The Ordinals protocol allows for numbering and trading of individual satoshis like unique tokens or NFTs based on their scarcity.

The first satoshi after the halving could be valued at over $1 million and is dubbed an "epic" sat under the Ordinals system.

Mining firms are ramping up operations and ensuring equipment is online to maximize chances of mining this valuable epic sat after the halving.

Some envision a futures market emerging where traders could pay miners upfront for rights to rare future satoshis they may mine based on their hashrate share.