Virgin Bitcoin is Bitcoins that have never been spent before. Virgin Bitcoin refers to BTC that has a clean trading history or has never been traded. Potential investors looking to buy Bitcoin do not want to own Bitcoin with a bad history or that has been used in illegal transactions. Virgin Bitcoin, which comes directly from a miner, has no transaction history. Some investors may be willing to pay more to own Virgin Bitcoin.

Virgin Bitcoin is obtained by miners who have earned the block reward. Some miners have started promoting BTC as "Virgin Bitcoin" to attract potential investors and sell Bitcoin at a higher price, but there hasn't been much demand for this type of BTC. Since a miner obtains Virgin Bitcoin directly, there is no possibility that the asset has been used in an illegal transaction before.

Where to Buy Virgin Bitcoin?

Virgin Bitcoins can be purchased directly from miners as they are given as a reward for mining on the Bitcoin blockchain network.

Virgin Bitcoins do not available on a trading platform, and there are some reasons for this:

• Mining pools
• Transaction fee
• Transfer

Mining Pools

Cryptocurrency mining is conducted by mining pools that restrict the probability of producing new blocks on the blockchain network. Mining pools add some steps to this process and this makes the delivery of Virgin Bitcoins difficult.

Transaction Fee

When a miner starts individual mining after leaving the mining pool, it increases the chance of obtaining the block reward. This makes it difficult to estimate miner earnings, and miners are rewarded not only with block rewards but also with transaction fees that contradict the idea of selling Virgin Bitcoins.

Transfer

Although there is a market for Virgin Bitcoins, miners may face increased risk and problems with transfers.