Researchers can trace an estimated 1.1 million BTC to a distinctive early mining operation. The harder question is whether that miner was actually Satoshi.
One of the first things anyone learns about Bitcoin is that it has a pseudonymous creator — and they’re a billionaire multiple times over.
Nearly 1.1 million BTC is widely attributed to Satoshi Nakamoto, but it’s a number that rests on a forensic trail identifying a mining operation, not a person. The estimate also varies by more than 200,000 Bitcoin depending on how strictly a certain “fingerprint” test is applied.
When 600 BTC mined in 2010 suddenly moved after 16 years, triggering speculation that “Satoshi’s coins” had awoken, that distinction became more important.
