BitMEX: Satoshi Nakamoto’s capital does not exceed 700,000 BTC


BitMEX research unit attempted to assess the current state of the miner that dominated the bitcoin network throughout 2009.

Most likely, this person or group of people was Satoshi Nakamoto.

The analysis of the co-founder of RSK Labs company Sergio Lerner, which he published in 2013, was based on the cost of extras in terms of time and generation of blocks. Then he came to the conclusion that Satoshi produced about 1 million BTC, but the BitMEX study found some weaknesses in Lerner’s theory.

Representatives of the exchange tried to calculate the number of blocks produced by the same miner in 2009 and concluded that the state of that miner does not exceed 700,000 BTC. At the same time, BitMEX is not ready to state that this miner was Satoshi, who probably obtained block number 9.