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The paper linked speculates that a small group of people mined the first 20,000 blocks of Bitcoin. 20,000 blocks (@50 coins each) is 1,000,000 bitcoins, which @
by unreal37 13y ago
The paper linked speculates that a small group of people mined the first 20,000 blocks of Bitcoin. 20,000 blocks (@50 coins each) is 1,000,000 bitcoins, which @ $1000 is $1 billion.
- manuelflara 13y agoAh, got it. Confused bitcoin with blocks. Thanks.