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There's also a lot of early bitcoin that has been lost entirely, which probably skews the market a little bit.
by nwh 14y ago
There's also a lot of early bitcoin that has been lost entirely, which probably skews the market a little bit.
- andypants 14y agoI feel like I should go on my old laptop and dig up my ~0.5 bitcoins. I wonder just how many bitcoins have been permanently lost already.
- zenon 14y agoIf it goes high enough, it will be worth mining trashed HDs for lost wallets.
- nwh 14y agoEarly in the blockchain there are thousands of addresses with a single 50BTC block reward in them. Presumably people downloaded the client, mined a block and got bored. At that time you could only mine using Bitcoin-QT, which reuses the same addresses for each block reward. Most, if not all coins mined in this way are lost forever.
- vitno 14y agoI have a few on my old desktop in my parents garage from the CPU mining days. If bitcoins REALLY take off, I'm gonna have to recover them.
- pyre 14y agoIf it does take off, and your drive didn't store well, you'll be facepalming. :P
- jplur 14y agoUg, somewhere I have a failed SSD with 10 of them on it.