Hey,
Since bitcoins are traceable due to the public nature of the blockchain, I decided to try to trace coins from my address for fun, hoping to reach the address which mined them.
All was going well until I reached a transaction where an address received its coins from many addresses. The transaction hash is: e2c7353345d56e469055ff96f135575154e6f8b6528adbfc60a30a420365cc6b. The receiving address in question is 1PRn8PPUmZeiLP4GWoca5pvnj3GsdKGtPp, which received 100BTC from multiple addresses.
Could somebody give me some details about what could have probably happened here? How come multiple addresses transferred their coins into one address in the same block? Was an exchange involved here?
Ultimately, how do I continue tracing my bitcoins back from here?
Cheers!
Since bitcoins are traceable due to the public nature of the blockchain, I decided to try to trace coins from my address for fun, hoping to reach the address which mined them.
All was going well until I reached a transaction where an address received its coins from many addresses. The transaction hash is: e2c7353345d56e469055ff96f135575154e6f8b6528adbfc60a30a420365cc6b. The receiving address in question is 1PRn8PPUmZeiLP4GWoca5pvnj3GsdKGtPp, which received 100BTC from multiple addresses.
Could somebody give me some details about what could have probably happened here? How come multiple addresses transferred their coins into one address in the same block? Was an exchange involved here?
Ultimately, how do I continue tracing my bitcoins back from here?
Cheers!
It will likely take a really long time of clickign into transactions before you find the miner that mined them.
The multiple inputs happen because of multiple people sending to one address or multiple people sending through one transaction.
Your BTC has been sliced and diced so many times and mixed into larger amounts and broken into smaller amounts that it probably isn't possible to go all the way back a few years to when that specific BTC was mined.
