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....

Bitcoin whale from 2010 moves 100 BTC for first time in 11 years

Blockchain analysts have identified 100 BTC mined in June 2010 that were moved for the first time today. A veteran miner has cracked open their 2010 stash of Bitcoin, with crypto analysts spotting 100 BTC being transferred from two wallets that had laid dormant for more than a decade.Prior to today’s transaction, the addresses had not seen any activity since receiving a 50 BTC Coinbase reward each nearly 11 years ago, except for two incoming transactions worth just 0.00000547 BTC each that were sent to the wallets in the last six months. The Feb. 25 transaction combined the two mining....

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....