network-security

1 entries

Medium

Whale Alert's 'The Satoshi Fortune' — analysis confirms Satoshi mined ~1.125 million BTC

Whale Alert Satoshi Nakamoto, Sergio Demian Lerner

Blockchain tracking service Whale Alert published an independent analysis confirming Satoshi mined 1,125,150 BTC across 22,503 of the first 54,316 blocks. The report claimed Satoshi used ~48 computers (or CPU threads), though this was disputed one month later by Lerner's re-mining simulation proving a single multi-threaded PC. The report's core finding — that Satoshi mined to protect the network, not for profit — aligns with the broader research consensus.