To protect your account, every access to remitano.com using VPN will lead to a certain penalty to your account, unless you turn on VPN access allowance

Latest Projection Speculates that Nakamoto Mined BTC Worth Billions

News • 2020/07/22 • by Remitano

A new report has been released about the scandalous wealth supposedly possessed by Nakamoto. Researchers are of the opinion that Nakamoto most likely mined over a million BTC, which is worth around $10 billion according to the present exchange rates.

There have several studies in recent years trying to guess the exact number of BTC owned by Satoshi. In these researches, data sets were gathered from Lerner's blockchain test.

Researchers have kept conducting researches in the past two years about Naksnoto supposedly BTC worth, and results showed that the figures weren't as high as projected before. It was deduced that Satoshi had mined only bitcoins valued at $6.5 billion.

Presently, a new blockchain tracking company has released a new study which seems to show the correct figures.

The study concluded that Nakamoto mined BTC for the protection of the network, and the coins that were made are a sheer outgrowth of his effort to protect the network. Researchers also believe that the rest will possibly not be spent.

Source: News.bitcoin

Comments (0)

Our newsletter

The latest cryptocurrency market news, technologies, and help resources.