First Text Inscription on Ordinals Revealed

Following Magic Eden's decision to discontinue Bitcoin support, a development team has released an internal tool for batch sending UTXOs. The tool allows users to: - Send multiple ordinals in a single transaction - Cancel pending PSBTs by spending and transferring back to themselves The timing coincides with ongoing network congestion from Ordinals activity, which has previously driven up Bitcoin transaction fees. The team is sharing the tool publicly to help users manage their Bitcoin transactions more efficiently during this transition period.

**Historic Nation-State Bitcoin Adoption** The Government of Bhutan executed its first official Bitcoin transaction through Druk Holding & Investments, its sovereign wealth fund. This marked the start of a strategic national accumulation program that eventually spread across more than 100 on-chain wallets. **Key Details:** - First transaction linked to Bhutan's sovereign wealth arm - Part of broader nation-state Bitcoin strategy - Holdings later distributed across 100+ wallets - Current holdings: $889.36M in Bitcoin **Mining Operations:** Bhutan operates significant Bitcoin mining through Druk Holdings. Production dropped from ~780 BTC monthly (mid-2023) to ~260 BTC monthly (Aug-Oct 2024), likely due to the halving and increased global hashrate. Mining operations remain active with $600K in daily rewards. Recent activity includes a $66.55M BTC transfer to Binance, the first exchange deposit in four months.

The Bitcoin collecting community is buzzing over recent palindrome pieces and rare transaction artifacts. **Notable Highlights:** - One palindrome piece originated from a **coinbase transaction of a solo-mined block** - a rare achievement in Bitcoin mining - A standout vanity transaction by [@ArtaxBTC](https://twitter.com/ArtaxBTC) features an exceptional transaction output, pushing the boundaries of "sigilmaxxxing" - Several new **Satoshi Relics** have been minted, capturing unique slices of Bitcoin history These pieces represent different aspects of Bitcoin's blockchain history, from difficulty adjustment blocks to genesis block homages. The community continues to celebrate these digital artifacts that preserve moments in Bitcoin's evolution.

A milestone in Bitcoin mining: the **first NerdQaxe++ device** successfully solo mined a Bitcoin block, marking a significant achievement in mining hardware history. **Key Details:** - Historic first for the NerdQaxe++ mining device - Block was solo mined (extremely rare occurrence) - Sold by [@SoloSatoshi](https://twitter.com/SoloSatoshi) - Coinbase transaction preserved as a Satoshi Relic This follows another recent solo mining success through the [@umbrel](https://twitter.com/umbrel) Public Pool, highlighting an active year for independent miners. Solo mining a block is exceptionally difficult, requiring both luck and persistence as individual miners compete against large mining pools.

**Satoshi Relics** transforms Bitcoin's transaction history into ownable Ordinals—digital artifacts generated 1:1 from real on-chain data. **The concept:** If Bitcoin is the ultimate asset, its history is the ultimate collectible. Each Relic is created directly from a transaction record using the TXID recursive endpoint, turning ledger data into art. **Notable examples:** - Only ~350 transactions ever had fees exceeding the coinbase subsidy—all available as Relics - The transaction that inscribed The Constitution on Bitcoin - Coinbase transactions from historic blocks - The first SATS inscription **How it works:** 1 transaction = 1 Relic. The artwork is deterministically encoded from transaction details, making each piece a permanent, verifiable artifact of Bitcoin history. Mint price: 2,500 sats (0.0001 BTC) The project positions itself as "Bitcoin's most native RWA"—transforming the ledger itself into network art. With over 1.3 billion Bitcoin transactions, each represents a potential collectible moment. [Mint history](https://www.pob.studio/mythic/timeline)