Genesis Block
Fundamentals● Common
The first block in the Bitcoin blockchain, mined by Satoshi Nakamoto on January 3, 2009. Block height 0. Contains an unspendable 50 BTC reward due to a quirk in the code. The coinbase includes the famous Times headline about bank bailouts.
Technical Notes
Coinbase text: 'The Times 03/Jan/2009 Chancellor on brink of second bailout for banks'. Previous block hash is all zeros. The 50 BTC reward is unspendable due to how the original code handled the genesis block. Block hash starts with many zeros.
Metadata
Visibility: Public
Created:1/3/2026by System