CryptoHistoryBook
Not financial advice. This is history and education only. We make no buy or sell recommendations and no price predictions.
Launch · Jan 3, 2009

Genesis block mined

The Bitcoin network starts with block 0.

No price shown: our sourced price data for Bitcoin does not cover Jan 3, 2009.

Nakamoto mined block 0, the genesis block, on January 3, 2009. Its coinbase text quotes a front page headline from The Times of London about a second bailout for banks. The 50 BTC reward in that block can never be spent.

Days later, on January 12, Hal Finney received 10 BTC from Nakamoto in the first transaction between two people. For more than a year bitcoin had no market price at all.

Part of Bitcoin in 2009 · full Bitcoin timeline · Bitcoin hub

Previous
Bitcoin whitepaper published
Next
Bitcoin Pizza Day

Updated

Sources

Facts written in our own words. Last checked Oct 14, 2026.