Post
Topic
Board Altcoin Discussion
Re: Which coins are premined? Did satoshi really premine 1 million bitcoins?
by
taltamir
on 12/01/2014, 00:00:53 UTC
At that time, block 1 - 14 were mined. So you could say Satoshi may have premined 14 blocks (700 BTC). Smiley Remember 700 BTC that time worth nothing.

block 14:
https://blockchain.info/block/0000000080f17a0c5a67f663a9bc9969eb37e81666d9321125f0e293656f8a37

block 15:
https://blockchain.info/block/00000000b3322c8c3ef7d2cf6da009a776e6a99ee65ec5a32f3f345712238473
Thank you, so satoshi premined 700 BTC, and it is estimated he owns 1 million BTC which he got through after the code was released when BTC was cheap to buy and easy to mine.
That is actually pretty decent.

Anyone else think its worthwhile to know the specific amounts premined for each coin?