The fact that the inventor of Bitcoin, Satoshi Nakamoto, is hiding his identity, reinforces his curiosity; especially his curiosity about his total existence… The crypto money market, which was ignited by the invention of Bitcoin, has a value of 1 trillion dollars today. But we have passed the questions such as how much Bitcoin does Satoshi have in total, does he invest in other coins, we cannot even give a clear answer to the question of whether he is alive today. So, how much Bitcoin does Satoshi have, who started a new era with the first Bitcoin, and where are his Bitcoins?
Satoshi Nakamoto is a pseudonym used by the inventor of Bitcoin. What is known about him is very limited. It is not even known whether the name represents an individual or a group of people. As mentioned above, we do not even know whether he is alive or not. Even if he is alive, he either shows no interest in the billions of dollars of Bitcoin wealth or has too much will to take a small piece of this wealth.
Nakamoto published the Bitcoin whitepaper in 2008, and announced the Bitcoin network on January 3, 2009. Satoshi mined the first Bitcoin block and continued mining for a while after he announced Bitcoin. Thus, he obtained a large amount of BTC.
Satoshi obtained a significant amount of BTC from mining in the early years of Bitcoin. Photo: FreepikIn the process after the announcement of Bitcoin, Satoshi had discussions on Bitcoin with other crypto money enthusiasts on online platforms for a long time. Among these, the forum called BitcoinTalk has a special importance. The last conversation Satoshi had in public was in December 2010. The inventor of Bitcoin announced in April 2011 that he would no longer work with Bitcoin developers via e-mail.
It is known that he has not been involved in Bitcoin studies for more than 10 years. During this time, there were no names claiming to be Satoshi. But so far none of them have come up with evidence to confirm this. While studies are being carried out on the identity of Satoshi Nakamoto, research on how much Bitcoin he has continues. . Researchers have made pretty solid calculations about how much BTC Satoshi has. According to the aforementioned data, As of June 2023, Satoshi’s total assets are approximately $30 billion. . That’s enough to put him on Forbes’ list of the World’s 100 Richest People.
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How many Bitcoins do you have?
Satoshi Nakamoto collected a significant amount of Bitcoin because he was mining during the period he announced Bitcoin. Although we don’t know exactly how much Bitcoin he has The generally accepted calculation reveals that Satoshi has 1.1 million Bitcoins. . The calculation in question was made by cryptocurrency developer and expert Sergio Demian Lerner. Lerner was able to calculate the blocks that Satoshi removed and reach the possible number of Bitcoins in his hand. The BTCs in Satoshi’s hands correspond to about 5 percent of the Bitcoins in the conversion.
There is another noteworthy situation regarding Satoshi Nakamoto’s Bitcoins. Crypto market watchers monitor the Bitcoin blockchain to see if any transactions were made in wallets that were active during the Satoshi era. Since Satoshi announced that he is quitting the Bitcoin project, no transactions that can be definitively attributed to him have taken place.
Therefore, the fact that the inventor has not touched a single coin for more than 10 years is put forward by many as an argument that Satoshi is dead. He says with some that he is not really interested in his wealth and does not touch their Bitcoins because he wants to maintain his anonymity.
Satoshi Nakamoto’s wealth from Bitcoin puts him on the list of the richest people in the world. Photo: FreepikBefore the first Bitcoin halving, Satoshi Nakamoto was mining when the block rewards were 50 Bitcoin (the process of reducing the rewards earned by miners in a planned manner is called halving). Also, when the fact that the number of miners was very small at that time is added to this, it can be seen how much BTC Satoshi has mined.
With the Bitcoins in his hand, Satoshi is the person with the most Bitcoins among Bitcoin rich, public companies and startups that invest in Bitcoin. Among the people and companies in question are Tesla, Block.one, Microstrategy and the Winklevoss Brothers.
What is Satoshi Nakamoto’s Bitcoin address?
All the block rewards that Satoshi won were sent to different addresses. That’s why there are more than 20,000 different addresses where Satoshi keeps his Bitcoins. The most well-known is of course the address where he received the award from the genesis block, the first block of the Bitcoin chain.
Sources: Forbes, Binance
