online resources

Re-Mining Simulation Shows Satoshi Used a Single High-End PC to Mine 1.1M Bitcoin

Cryptocurrency advocates have been recently discussing the mysterious Bitcoin inventor Satoshi Nakamoto as the RSK’s chief scientist, Sergio Dermain Lerner, published a paper called “The Patoshi Mining Machine.” Essentially, Lerner simulated Satoshi’s mining experience. The findings estimate that Bitcoin’s creator used a single computer to mine an estimated 1 million bitcoin minted in the early days. Sergio Dermain Lerner is well known for publishing one of the first estimates backed by technical data in 2013 concerning Satoshi Nakamoto’s alleged stash of bitcoin. During the last seven years, Lerner has published a few more papers about this subject and it is…

Continue Reading Re-Mining Simulation Shows Satoshi Used a Single High-End PC to Mine 1.1M Bitcoin

Satoshi Bitcoin Stack Exposed: BTC Creator Mined $10.9 Billion BTC

A new report exposes the Satoshi Bitcoin stack that the creator allegedly mined, reaching a whopping $10.9 billion worth of BTC as we are reading more in our latest bitcoin news. According to a new report by Whale Alert, the secretive creator of bitcoin Satoshi Nakamoto might have mined $10.9 billion worth of coins back in the early days of the network. The Satoshi Bitcoin stack was a center point of conversation over the past two weeks and reports now show that they have mined more than 1.1 million BTCs if the details from the recent report can be believed.…

Continue Reading Satoshi Bitcoin Stack Exposed: BTC Creator Mined $10.9 Billion BTC

End of content

No more pages to load