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The History Of Bitcoin: Genesis Block
Learn more about the Genesis Block, the original Bitcoin block, created when the first bitcoin was mined in Modern versions of Bitcoin number it as block 0, though very early versions counted it as block 1. The genesis block is almost always hardcoded. The so-called �genesis� block featured what was then a 50 bitcoin (BTC) block subsidy � worth a whopping $ million at today's prices.

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The key difference between the Genesis Block and other blocks is that there is no block preceding it. Related Articles. Main network genesis block Here is a representation of the genesis block [1] as it appeared in a comment in an old version of Bitcoin line Each time a block is "completed," it gives way to the next block in the blockchain.