Home Rodarmor Rarity Index Sats What are Uncommon Sats?
Rodarmor Rarity Index Sats

What are Uncommon Sats?

Uncommon Sats

Each time a block on the blockchain is unlocked by a miner, the miner is rewarded with a reward block of Bitcoin. The amount of Bitcoin rewarded halves every 4 years with each Bitcoin halving. The original reward was a block of 50 Bitcoin, the current reward block is 3.125 Bitcoin. An Uncommon Sat is the first Sat in a reward block. So, the first Sat in the ordinal sequence when a miner receives their new, uncirculated 3.125 Bitcoin reward. Currently a new reward block is received approximately every 10 minutes, this means that approximately every 10 minutes a new uncommon sat enters circulation. This may sound like a lot however, given that an individual Bitcoin contains 100 million Sats and subsequently currently each reward block contains over 312 million Sats, it would seem that the name Uncommon is quite fitting.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Rodarmor Rarity Index Sats

What Are Rare Sats?

Rare Sats Approximately every 10 minutes a new block on the blockchain...

Rodarmor Rarity Index Sats

What Are Epic Sats?

Epic Sats Every 4 years an event called the Bitcoin halving occurs....

Rodarmor Rarity Index Sats

What Are Legendary Sats?

Legendary Sats Every 6 halving events, approximately every 24 years, the Bitcoin...

Rodarmor Rarity Index Sats

What Is A Mythic Sat?

Mythic Sats The rarest of all Sats! The Mythic Sat is the...