An 8-year daily mining of 4,165 BTC has never been sold. How valuable is this miner’s persistence?

An anonymous miner’s 8-year persistence story is gaining attention in the crypto market. According to on-chain data, since November 2016, this miner has been continuously mining every day up to now, accumulating a total of 4,165 Bitcoins (worth approximately $375 million at current prices), all stored in the same wallet, with no transfers or sales of any coins over the past eight years. Amid market fluctuations, such an extreme holding strategy can be regarded as the ultimate expression of “diamond hands.”

The Persistence of Extreme Long-Term Holders

Complete holding record of 4165 BTC

The behavior data of this miner is quite clear: starting from November 2016, all daily mined Bitcoins have been deposited into the same wallet, with the balance steadily increasing and no records of transfers or sales to date. This means that regardless of Bitcoin’s price volatility or market cycles, this miner has remained steadfast.

At the current Bitcoin price of $92,319.96, these 4,165 BTC are valued at approximately $3.84 billion. But what’s truly worth paying attention to is not this number itself, but the choices and temptations this miner faced over the long span of 8 years.

The Test of Time Dimension

Mining since November 2016 means this miner has experienced:

• The 2017 bull run (BTC rising from a few thousand dollars to nearly $20,000)
• The 2018 bear market crash
• The 2020 halving and the subsequent new bull market
• The 2021 all-time high surge
• The 2022 crypto winter
• Recent rebounds and adjustments

At these critical moments, most miners had already chosen to realize profits or cut losses. Yet, this miner persisted in holding, reflecting a deep belief in Bitcoin’s long-term value.

Market Insights

The Scarcity of Long-Term Commitment

In the crypto market, it is extremely rare to find holders who can stick to their positions for 8 years without selling. Most participants chase short-term gains, while this miner’s approach is entirely opposite. This rare persistence also reflects the most steadfast layer of faith within the Bitcoin ecosystem.

The Story of On-Chain Data

According to the latest news, the address balance remains completely untouched, indicating that this is not a forgotten address but an active, conscious choice. Continuous mining activity proves that this miner is still operating mining rigs, and the fact that they have never sold suggests their holding strategy has not changed.

Summary

The story of this anonymous miner offers an interesting perspective: in a market full of speculation and short-term profit chasing, there are still participants committed to long-term holding. The 4,165 BTC, 8 years of time, and the record of never selling together form a narrative about faith. Regardless of the final choice this miner makes, their 8-year persistence has already become a notable marker in Bitcoin history.