How Many People Mined BTC Alongside Satoshi? 2010 Data Shows Bitcoin’s Creato...

How Many People Mined BTC Alongside Satoshi? 2010 Data Shows Bitcoin’s Creato...

Throughout 2021, a great number of mysterious whale movements from miners who mined bitcoins in the early days have occurred. This week, 1,000 bitcoin from 2010 were transferred, and the miner has spent 11,000 bitcoin since last year. Old school whale movements like these have made some people assume that decade-old coinbase spends could stem from Satoshi Nakamoto. However, even though estimates say Nakamoto mined over a million bitcoin, many other network participants mined millions of coins as well. 2010 Saw CPU and GPU Mining, Alongside Extremely Low Hashrate and Difficulty On June 9,....


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Satoshi Wasn’t The Only Mining Whale, 2010 Data Reveals

Since 2021 began, there have been a slew of suspicious whale moves by miners that mined bitcoins in the early days. A miner in particular has spent 11,000 bitcoin since last year, and 1,000 bitcoin from 2010 was moved last week. Despite the fact that Satoshi Nakamoto is thought to have mined over a million […]

Another Mysterious String of 1,000 ‘Satoshi Era’ Bitcoins Mined in 2010 Moved...

On November 7 at around 12:37 a.m. (EST), another string of so-called ‘sleeping bitcoins’ were moved for the first time since 2010. The peculiar movement stemmed from 20 blocks from 2010 with approximately 1,000 BTC spent ($15.5 million) in a single block. **Update 10:20 a.m. EST: Seven hours prior on Nov. 6, 2020, a 2010 coinbase reward mined on July 29, was transferred. This block reward, if included with the 20 block rewards spent at block height 655,788, the tally would make a total of 21 spent block rewards. The last coinbase reward strings spent in mid-March and....

Theymos: “Bitcoins Belonging to Satoshi Should Be Destroyed”

The recent Craig Wright-Satoshi Nakamoto debacle has spurred a new discussion as to what should happen with the coins mined by the mysterious Bitcoin creator. Theymos, the owner of BitcoinTalk, feels these coins should be destroyed to “prevent disastrous monetary inflation.” Bitcoin aficionados will know that, when Bitcoin was first launched, only....

A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Fr...

While the price of bitcoin is holding above the $21K per unit range, four bitcoin block rewards mined in 2010 were spent for the first time in over 11 years. The four block rewards were mined between September and October 2010 and the 200 bitcoin worth $4.27 million were transferred to an unknown wallet. 4 Consecutive Block Rewards Spent on June 24, Data Suggests Spends Were Executed by a Single Entity A large number of so-called ‘sleeping bitcoins’ have awoken from slumber as four block rewards were spent at block height 742,183. The old coins spent on Friday were block....

At what Bitcoin price will Satoshi Nakamoto become the world's richest person?

Bitcoin price reaching $182,000 would probably make Satoshi Nakamoto the richest person on the planet. It is estimated that Satoshi Nakamoto, the creator of BTC, will become the world's richest person if the price of Bitcoin (BTC) hits approximately $182,000.As of March 2021, Amazon founder Jeff Bezos is the richest person on earth with a net worth of $181.6 billion.Elon Musk, the CEO of Tesla, is a close second at $163.7 billion, owning more than 20% of the electric car maker.How much BTC does Satoshi Nakamoto have? Satoshi Nakamoto, the creator of Bitcoin, released the Bitcoin whitepaper....