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Isn't it surprising that an early Bitcoin adopter has "only" 216 Bitcoin? Didn't he join at a time where you'd be mining full blocks solo?

(One of his later tweets claimed that "it's basically all gone" or something like that, implying this wasn't just a small fraction of his total coins.)



It looks like his oldest commit is from February 28, 2011[1], and the first pool was created in 2010[2]. I'm not sure when he started using bitcoin.

[1] https://github.com/bitcoin/bitcoin/commits?after=d8bdee0fc88...

[2] https://compassmining.io/education/bitcoin-mining-pools-hist...


People forget bitcoin wasn't worth anything for a long time. You take care of an asset worth millions very differently than an asset worth pennies and too much of a pain to transact for cash anyway.


Someone being around since 2011 and believing in bitcoin, and only having hundreds of BTC today is implausibly rare.

Back in 2011, a desktop CPU would mine thousands of bitcoins per month.


No, that's factually wrong. In 2011 you would need to mine with at least a GPU, and a single one would barely produce 100 bitcoins in a year if not less.


You're thinking of 2009, when it was first released and nobody knew anything about it.

I know that by the time I even looked at it in 2011 you couldn't mine anything with a desktop CPU.




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