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The History Of Bitcoin: Genesis BlockThe so-called �genesis� block featured what was then a 50 bitcoin (BTC) block subsidy � worth a whopping $ million at today's prices � and. Bitcoin's Genesis Block was the first instance of a proof-of-work blockchain system and is the template for all other blocks in its blockchain. The most experienced Bitcoin miner in the world. Resilience and growth for nearly a decade in the Bitcoin industry. We are ready for what's next.