The founder of Bitcoin is known as Satoshi Nakamoto on Internet, but his true identity is quite unknown in reality. For all we know, Satoshi Nakamoto could be anyone in the whole Wide World behind a pseudonym.

One cannot determine accurately how much Satoshi Nakamoto made due to the fluctuation of the price of Bitcoin, but it is safe to say that the Founder of Bitcoin made a ton of money.

Satoshi Nakamoto is believed to have mined for Bitcoin since day 1 and given that there were quite a limited number of early adopters, he did end up mining a majority of bitcoins for himself which are worth a lot more than they did back in those days.

Satoshi Nakamoto probably mined from his computer’s CPU until switching to GPUs which offered a lot more efficient mining. Given that there isn’t any authenticity of who Satoshi Nakamoto is, there really is no telling as to how much he currently owns since a majority of his bitcoins might have converted into Burnt Bitcoins.

As of 2 February 2017, Nakamoto is believed to own up to roughly one million bitcoins which at today’s price of $1339.5 is worth around $1,339,150,000 USD.

We are, as public, quite unaware of how Satoshi Nakamoto indeed did mine.
He could’ve used one, two or many more independent systems to mine, not to mention different addresses to move, diversify and clump more bitcoin together.

This is after presuming that Satoshi Nakamoto did not sell any of his mined bitcoin to anyone which is quite highly unlikely.

Presuming all is indeed true and went as we discussed earlier with one computer, Satoshi Nakamoto may be worth around $1,339,150,000 USD.

References:
How many Bitcoins does the creator of Bitcoin Satoshi Nakamoto have?
Bitcoin’s Creator Satoshi Nakamoto Is Probably This Unknown Australian Genius
The Well Deserved Fortune of Satoshi Nakamoto, Bitcoin creator, Visionary and Genius
BTCBurns: Tracking How Many Bitcoins Have Been Burnt
Proof of burn – Bitcoin Wiki


Subscribe for New Krown Content!

Posted by Min Park

Blockchain Marketing Specialist / ICON ($42M) / MediBloc ($25M) / BOScoin ($12M) / PAXchain ($60M) / Krown Media / :0

Leave a Reply