The USA Pool Team of Foundry Digital has announced intentions to distribute profits among its members should the pool successfully mine the inaugural satoshi in the halving block, as per an email screenshot shared by The Mining Pod host, Will Foxley, on X.
In the email, the team stated, “We’ve taken the steps to isolate the epic sat if Foundry USA Pool does mine this block, and we will make reasonable efforts to monetize it and distribute 100% of the proceeds to our pool members.” However, it remains unclear whether Foxley or Trevor Owens, CEO of Ethereum tracker Ninjalerts, received the email directly from Foundry Digital, owned by the Digital Currency Group, which did not provide an immediate response to The Block’s request for comment.
The term “epic sat” denotes the first individual satoshi mined post the impending halving event—the first since the launch of Ordinals protocol last year. With Ordinals enabling individual satoshis to be numbered and traded akin to collectibles, there’s anticipation among some circles that the first satoshi mined post-halving may hold increased value due to its perceived rarity.
The team outlined that the generated profits would be distributed to existing sub-account payout addresses on the USA Pool, contingent on the member’s hashrate in the 24-hour period on the day of halving. “Further communications will be done post-monetization,” added the Foundry team.
Nonetheless, skepticism arose among certain X users regarding Foundry’s distribution plan and the concept of an “epic sat” itself. X user @infopocalypse1 dismissed it as a scam, asserting, “Sat is just a unit of measurement. There is no 1st sat.” Bitcoin core developer Luke Dashjr echoed this sentiment, labeling the plan as fraudulent in a response to Foxley’s post.
Bitcoin’s quadrennial halving event, reducing miner rewards from 6.25 BTC to 3.125 BTC, is slated to occur on Friday.
