Is it true that Satoshi Nakamoto has 1.1 million bitcoins ?

[pooya87]

Did Satoshi set a mining standard based on math ?

Not exactly, the math is involved in it. Basically the mining is based on probability. We have a number called target that is the highest value a block header hash can have. The miners construct the header and compute its hash. Then they continue making small changes in that block to compute the hash again and again until the result is smaller than or equal to that target.
This target is adjusted every 2016 blocks in a way that the time it takes to mine the next 2016 blocks be 2 weeks.

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[royalfestus]

Transaction from wallet: 12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S - Senders
End to wallet: 1Q2TWHE3GMdB6BZKafqwxXtWAWgFt5Jvm3 - Recipients

If the wallet really belongs to satoshi when sending 10 bitcoin to Hal Finney, then I can actually see the wallet is still actively accepting bitcoin as of now where the last transaction occurred one week ago. There is 18.43878748 BTC in the wallet currently but no more outgoing transactions right now.

https://blockchair.com/bitcoin/transaction/f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16

https://blockchair.com/bitcoin/address/12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S

There is no proof that the wallet had up to 1 million coin at any time and the wallet is as old as bitcoin itself with the last sent coin in 2009. So where does the rumour of the 1 million bitcoin possesion comes from? I still believe that satoshi is not an individual, its a group of people. If he has the forum then there are chances the forum members related with him at a point and know his whereabouts?

[NeuroticFish]

What this really the satoshi wallet?

Code:

12cbQLTFMXRnSzktFkuoG3eHoMeFtpTu3S 

This is most probably not the Satoshi wallet, instead, one of the many addresses from his wallet(s).
But as said, which are his wallets (or addresses) and how many bitcoin he actually own are all speculation and educated guesses, nothing is known for sure.

[ShowOff]

There is no proof that the wallet had up to 1 million coin at any time and the wallet is as old as bitcoin itself with the last sent coin in 2009. So where does the rumour of the 1 million bitcoin possesion comes from?

So far the numbers are just speculation as we never really know how many bitcoin he has. Satoshi clearly has a way of keeping his privacy so that people don't easily find out how many bitcoin he has. I'm sure he has multiple wallet, so even if someone finds out about one, they probably won't find the other.

I still believe that satoshi is not an individual, its a group of people. If he has the forum then there are chances the forum members related with him at a point and know his whereabouts?

I think otherwise, a single person satoshi is not a group of people and even if we convince one of them to be right, then I don't think we have any evidence to vouch for its veracity. My logic about satoshi is, he is one person considering it is very impossible for a group of people to share the same idea through one account called satoshi.

This is most probably not the Satoshi wallet, instead, one of the many addresses from his wallet(s).
But as said, which are his wallets (or addresses) and how many bitcoin he actually own are all speculation and educated guesses, nothing is known for sure.

I also don't think it's his only wallet, so it must be one of the many purses that satoshi has.

[Dunamisx]

I am curious, if Satoshi Nakamoto has 1.1 million bitcoin but he has not touched even a single bitcoin. This something interesting. Why Satoshi Nakamoto has not spent even a single Bitcoin ?

I think everything about Satoshi is much of anonymous than you ever think of, how will you know his exact holdings when he himself is unknown, he is a diplomatic person that is not too loose in revealing his personal affairs to others of which is expected of us all to maintain privacy in most of our doings

Can any one hack into his Wallet ?

I don't think that is possible, can you know a function more than the inventor of it? He's far beyond what an ordinary person could do, this is one of the reasons that birth to the creation of bitcoin to be successfully launch amidst many we attempted to create a digital currency that all summoned to failure, Satoshi is far beyond what you're thinking.

[BITCOIN4X]

Can any one hack into his Wallet ?

No, I don't think someone is capable of hacking his wallet because satoshi really knows what he has to do to close the gap for hackers who want to hack his wallet. In fact he's been pretty good at hiding for years, his privacy is well guarded so you can also expect something solid about his wallet security.

It is safe to think that the wallet cannot be hacked if the bitcoin owner does nothing wrong. But there is always the possibility for anyone to lose access to the wallet if they do not back up their wallet properly and securely.

[Smartvirus]

I am curious, if Satoshi Nakamoto has 1.1 million bitcoin but he has not touched even a single bitcoin. This something interesting. Why Satoshi Nakamoto has not spent even a single Bitcoin ? 

Can any one hack into his Wallet ?

You could be curious as well if the pioneer have 1BTC at all or if he had and have spent it all. Unfortunately, no one cam tell as we've got zero links or ties to the ever synonymous Satoshi Nakamoto. Perhaps this is one of his or her or there ways of ensuring bitcoin remains safe for all and I like the idea.

Speaking of hacks? Have you been paying attention  to threads on securities on the forum, you might not have to be asking this question if you had as, wallet addresses that comes with seed phrases or private keys are not wallets you can hack. You might succeed with an exchange but, not with wallets.

[Queentoshi]

I am curious, if Satoshi Nakamoto has 1.1 million bitcoin

I read that only 21 million btc were created, It doesn't settle well with me to think that satoshi has 1.1milion already of that btc, I don't think the information is correct, it is just a wild speculation.

[hosseinimr93]

I read that only 21 million btc were created,

The 21 million is the total supply of bitcoin and not all of them have been generated yet.
Till now, around 19.1 million bitcoins have been generated.

It doesn't settle well with me to think that satoshi has 1.1milion already of that btc, I don't think the information is correct, it is just a wild speculation.

Although that's possible, you are right. There is no proof of that.

[Leviathan.007]

I am curious, if Satoshi Nakamoto has 1.1 million bitcoin but he has not touched even a single bitcoin. This something interesting. Why Satoshi Nakamoto has not spent even a single Bitcoin ? 

Can any one hack into his Wallet ?

Doesn't matter the security everything can be vulnerable and still change even for a secure bitcoin address to be hacked who knows maybe this happens one day because in our world everything is possible but the chance is too low, regardless of that, I guess many people tried to hack a bitcoin wallet address but failed every time, Also what we know about bitcoins owned by Satoshi is just a guess and none is sure about the real amount of bitcoins he owns, and theoretically, the reason of why he doesn't touch the bitcoins can be because of his own security I my own idea

[FlamingFingers]

All this are just fallacies to cause Fud, Satoshi owns bitcoin but no one knows the exact amount he owned, and even if eventually you get to know about his wallet its absolutely hard to hack it, we've had several cases of people who lost their private key and has only their wallet address and still yet they can't access their wallet, so it's totally impossible to hack any bitcoin wallet if the third party does not accept a trojan or any form of attack for the hacker to get access into his wallet

[gagux123]

I am curious, if Satoshi Nakamoto has 1.1 million bitcoin but he has not touched even a single bitcoin. This something interesting. Why Satoshi Nakamoto has not spent even a single Bitcoin ?  

Can any one hack into his Wallet ?

Well, I believe you must have already answered your question... but to complement, in fact this is an unknown, we don't have anything concrete to be able to know the amount of Bitcoin that Nakamoto owns , this is just speculation.

And yes, in my opinion, there is a possibility that Satoshi Nakamoto has 1.1 million Bitcoin, or maybe, even more.
What we don't know is the exact amount he has