500K BITCOINS WALLETs- A Ponzi scheme!!

[psoo7]

#SATOSHI #NAKAMOTO designed the #BITCOIN #PROTOCOL to have a #BLOCK #MINED every 10 minutes.

Since the last halving in 2016 we are getting 12.5 #BTC per block plus the fees that at today's rate its almost nothing.

As an average considering the #PROFITABILITY, the #DIFFICULTY and the #HASHRATE every day 1800 Bitcoins are mined.

If you have the #BIGGEST #MINER in the #WORLD with 5% of the #HASHING #POWER, he will get 5% of those 1800 meaning 90 Bitcoins per day.

At this rate, he can get 2700 Bitcoins in a month or 32,400 Bitcoins in a year, in the last two years before the halving this hipotetical miner could get 64,800 Bitcoins.

BUT, there is a BIG BUT, In order to get those coins, he had to pay for electricity and a lot .. I will discuss that on another post

THIS IS WHY I DO NOT BELIEVE ON THOSE 500K BITCOINS #WALLETS, Unless they bought those coins several years ago then, its a HUGE MAYBE. But most of the time, they pretend to be a "Conglomerate" of Miners with #FRESH #COINS. NO WAY...

[khufuking]

#SATOSHI #NAKAMOTO designed the #BITCOIN #PROTOCOL to have a #BLOCK #MINED every 10 minutes.

Since the last halving in 2016 we are getting 12.5 #BTC per block plus the fees that at today's rate its almost nothing.

As an average considering the #PROFITABILITY, the #DIFFICULTY and the #HASHRATE every day 1800 Bitcoins are mined.

If you have the #BIGGEST #MINER in the #WORLD with 5% of the #HASHING #POWER, he will get 5% of those 1800 meaning 90 Bitcoins per day.

At this rate, he can get 2700 Bitcoins in a month or 32,400 Bitcoins in a year, in the last two years before the halving this hipotetical miner could get 64,800 Bitcoins.

BUT, there is a BIG BUT, In order to get those coins, he had to pay for electricity and a lot .. I will discuss that on another post

THIS IS WHY I DO NOT BELIEVE ON THOSE 500K BITCOINS #WALLETS, Unless they bought those coins several years ago then, its a HUGE MAYBE. But most of the time, they pretend to be a "Conglomerate" of Miners with #FRESH #COINS. NO WAY...

Hmm I do not understand, why you did all this math ! share the wallet that concern you and we can easily check its history threw blockchain ? And who are claiming that the big wallets is miners   This confusing   .

[NeuroticFish]

THIS IS WHY I DO NOT BELIEVE ON THOSE 500K BITCOINS #WALLETS

A lot of shouting, a lot of hashtags and no logic at all.

I don't know what you mean by "those" 500k wallets, but a simple math tells that if 500k wallets have a small 0.01BTC, that makes only 5000BTC and I am sure that there are plenty of wallets with less than that amount.
So 500k wallets is just a tiny part of how many wallets are possible to exist and also have balance.

So what the heck are you shouting about?!

[RawDog]

THIS IS WHY I DO NOT BELIEVE ON THOSE 500K BITCOINS #WALLETS

A lot of shouting, a lot of hashtags and no logic at all.

Typical Bitcoiner.  Dumb as fuck.

[drmilind2004]

And, reading the title, I thought he was onto something. Sigh!

[cryptohunter]

#SATOSHI #NAKAMOTO designed the #BITCOIN #PROTOCOL to have a #BLOCK #MINED every 10 minutes.

Since the last halving in 2016 we are getting 12.5 #BTC per block plus the fees that at today's rate its almost nothing.

As an average considering the #PROFITABILITY, the #DIFFICULTY and the #HASHRATE every day 1800 Bitcoins are mined.

If you have the #BIGGEST #MINER in the #WORLD with 5% of the #HASHING #POWER, he will get 5% of those 1800 meaning 90 Bitcoins per day.

At this rate, he can get 2700 Bitcoins in a month or 32,400 Bitcoins in a year, in the last two years before the halving this hipotetical miner could get 64,800 Bitcoins.

BUT, there is a BIG BUT, In order to get those coins, he had to pay for electricity and a lot .. I will discuss that on another post

THIS IS WHY I DO NOT BELIEVE ON THOSE 500K BITCOINS #WALLETS, Unless they bought those coins several years ago then, its a HUGE MAYBE. But most of the time, they pretend to be a "Conglomerate" of Miners with #FRESH #COINS. NO WAY...

Looking forward to your next post with great interest.