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So that block the miner got 3.25 of luke coin. Where to sell it? Or are they going to hold it? The risk of mining on that tip for worthless coins makes no sense.

The real question is: how do you assign ordinal values to sats on a split chaintip?

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That is a question for Casey!

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Unfortunately they capitulated so quickly that there aren't enough blocks to make the coinbase spendable, so there is no collectible to be had.

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