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Altcoin Discussion
Re: Which coins are premined? Did satoshi really premine 1 million bitcoins?
by
BitThink
on
10/01/2014, 04:24:14 UTC
Bitcoin v0.1 was public released on 17:05:49 -0800, January 9, 2009.
https://en.bitcoin.it/wiki/History
At that time, block 1 - 14 were mined. So you could say Satoshi may have premined 14 blocks (700 BTC).
Remember 700 BTC that time worth nothing.
block 14:
https://blockchain.info/block/0000000080f17a0c5a67f663a9bc9969eb37e81666d9321125f0e293656f8a37
block 15:
https://blockchain.info/block/00000000b3322c8c3ef7d2cf6da009a776e6a99ee65ec5a32f3f345712238473
Certainly, we don't know how many other people joined that time, so we don't know how much was mined by Satoshi. Nonetheless, after block 15, there's no premining any more since he had already published the code.