Excessive Bid on NFT of Ethereum’s Remaining PoW Block Is Simply One-Third What Creators Paid to Mint It - CoinDesk

VanityBlocks, a comparatively new NFT assortment, paid some 30 ether, or simply over $48,000, in charges to crypto miner F2Pool, which mined the final transaction, to mint the NFT, paying some 1.3 ether (ETH) as transaction charges. Nevertheless, the NFT had obtained simply three bids as of Thursday at roughly 15:00 UTC, with the best bidder, OpenSea user “lossy-eth,” providing simply 10 ether. Lossy’s bid was about 5 occasions that supplied by Nostalgia_NFT, which bid simply 2 ether. In the meantime, “cryptogle” bid simply 0.5 ether. All three bids are at the moment energetic on VanityBlocks’ OpenSea page.