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10 days of mining alone = 1440 blocks = 72K BTC at 50 BTC/block. $1M per coin gives $72B, not $1000B.
by oleganza 9y ago
10 days of mining alone = 1440 blocks = 72K BTC at 50 BTC/block. $1M per coin gives $72B, not $1000B.
- biot 9y ago"Nakamoto is believed to own up to roughly one million bitcoins..." "As the sole, predominant early miner the inventor was awarded bitcoin at genesis and for 10 days afterwards." Source: https://en.wikipedia.org/wiki/Satoshi_Nakamoto https://en.wikipedia.org/wiki/Satoshi_Nakamoto
- googletazer 9y agoSounds almost like a creation myth, doesn't it? Wonder if the world will ever find out with certainty who, or what organization is Satoshi.