this post was submitted on 04 Aug 2024
712 points (87.0% liked)
Technology
59583 readers
3218 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
True, the Genesis Block is fixed, but it's speculated that Satoshi did most of the mining during Bitcoin's initial experiment. I have seen estimates online that the first 22k blocks were mined almost exclusively by Satoshi, all to different BTC addresses, 50 BTC each. Worth practically nothing back then but worth over 2.5M today. Every 10 minutes or so, Satoshi found another one.