Big Questions: Does Satoshi actually own 1.1 million Bitcoin?
Researchers can trace an estimated 1.1 million BTC to a distinctive early mining operation. The harder question is whether that miner was actually Satoshi.
Researchers can trace an estimated 1.1 million BTC to a distinctive early mining operation. The harder question is whether that miner was actually Satoshi.
One of the first things anyone learns about Bitcoin is that it has a pseudonymous creator — and they’re a billionaire multiple times over.
Nearly 1.1 million BTC is widely attributed to Satoshi Nakamoto, but it’s a number that rests on a forensic trail identifying a mining operation, not a person. The estimate also varies by more than 200,000 Bitcoin depending on how strictly a certain “fingerprint” test is applied.
He says the case for connecting Patoshi to Satoshi goes beyond the mining fingerprint, however, since several early Bitcoin users, including Hal Finney, Dustin D. Trammell, Nicholas Bohm and Mike Hearn, received transfers that exhibited the Patoshi pattern: