High Bid on NFT of Ethereum’s Final PoW Block Is Just One-Third What Creators Paid to Mint It

High Bid on NFT of Ethereum’s Final PoW Block Is Just One-Third What Creators Paid to Mint It

VanityBlocks, a relatively new NFT collection, paid some 30 ether, or just over $48,000, in fees to crypto miner F2Pool, which mined the final transaction, to mint the NFT, paying some 1.3 ether as transaction fees. However, the NFT had received just three bids as of Thursday at roughly 15:00 UTC, with the highest bidder, OpenSea user “lossy-eth,” offering just 10 ether. Lossy’s bid was about five times that offered by Nostalgia_NFT, which bid just 2 ether. Meanwhile, “cryptogle” bid just 0.5 ether. All three bids are currently active on VanityBlocks’ OpenSea page.

Originally Posted on: https://www.coindesk.com/markets/2022/09/15/high-bid-on-nft-of-ethereums-final-pow-block-is-just-one-third-what-creators-paid-to-mint-it/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Shaurya Malwa

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