• bitcoinBitcoin (BTC) $ 108,597.00
  • ethereumEthereum (ETH) $ 2,542.56
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.26
  • bnbBNB (BNB) $ 663.47
  • solanaSolana (SOL) $ 151.39
  • usd-coinUSDC (USDC) $ 0.999901
  • tronTRON (TRX) $ 0.285861
  • dogecoinDogecoin (DOGE) $ 0.169672
  • staked-etherLido Staked Ether (STETH) $ 2,542.25
  • cardanoCardano (ADA) $ 0.583702
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,485.00
  • hyperliquidHyperliquid (HYPE) $ 39.38
  • wrapped-stethWrapped stETH (WSTETH) $ 3,067.41
  • suiSui (SUI) $ 2.89
  • bitcoin-cashBitcoin Cash (BCH) $ 497.51
  • chainlinkChainlink (LINK) $ 13.40
  • leo-tokenLEO Token (LEO) $ 9.03
  • avalanche-2Avalanche (AVAX) $ 18.20
  • stellarStellar (XLM) $ 0.244408
  • usdsUSDS (USDS) $ 1.00
  • the-open-networkToncoin (TON) $ 2.91
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  • wrapped-eethWrapped eETH (WEETH) $ 2,722.54
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  • wethWETH (WETH) $ 2,543.41
  • litecoinLitecoin (LTC) $ 87.53
  • whitebitWhiteBIT Coin (WBT) $ 45.01
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 317.25
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,664.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.41
  • polkadotPolkadot (DOT) $ 3.39
  • uniswapUniswap (UNI) $ 7.40
  • pepePepe (PEPE) $ 0.000010
  • aaveAave (AAVE) $ 276.76
  • daiDai (DAI) $ 0.999992
  • pi-networkPi Network (PI) $ 0.470404
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • okbOKB (OKB) $ 48.86
  • bittensorBittensor (TAO) $ 326.28
  • aptosAptos (APT) $ 4.46
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 183.98
  • nearNEAR Protocol (NEAR) $ 2.18
  • internet-computerInternet Computer (ICP) $ 4.83
  • ethereum-classicEthereum Classic (ETC) $ 16.63
  • crypto-com-chainCronos (CRO) $ 0.081278
  • ondo-financeOndo (ONDO) $ 0.796376
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.077484
  • mantleMantle (MNT) $ 0.572925
  • fasttokenFasttoken (FTN) $ 4.42
  • cosmosCosmos Hub (ATOM) $ 4.07
  • gatechain-tokenGate (GT) $ 15.39
  • vechainVeChain (VET) $ 0.020794
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.676811
  • official-trumpOfficial Trump (TRUMP) $ 8.66
  • bonkBonk (BONK) $ 0.000022
  • render-tokenRender (RENDER) $ 3.23
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.184169
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,577.00
  • skySky (SKY) $ 0.077641
  • ethenaEthena (ENA) $ 0.260322
  • arbitrumArbitrum (ARB) $ 0.333022
  • filecoinFilecoin (FIL) $ 2.28
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,542.98
  • algorandAlgorand (ALGO) $ 0.176694
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.50
  • worldcoin-wldWorldcoin (WLD) $ 0.888692
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998571
  • sei-networkSei (SEI) $ 0.264700
  • usdtbUSDtb (USDTB) $ 0.999740
  • tokenize-xchangeTokenize Xchange (TKX) $ 18.07
  • kucoin-sharesKuCoin (KCS) $ 11.03
  • binance-staked-solBinance Staked SOL (BNSOL) $ 160.19
  • usdt0USDT0 (USDT0) $ 0.999794
  • jupiter-exchange-solanaJupiter (JUP) $ 0.451216
  • nexoNEXO (NEXO) $ 1.23
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,665.40
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,895.87
  • fartcoinFartcoin (FARTCOIN) $ 1.18
  • spx6900SPX6900 (SPX) $ 1.26
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  • celestiaCelestia (TIA) $ 1.52
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • injective-protocolInjective (INJ) $ 10.63
  • xdce-crowd-saleXDC Network (XDC) $ 0.063737
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.55
  • blockstackStacks (STX) $ 0.656817
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.015945
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • sonic-3Sonic (S) $ 0.310378
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,719.63
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,670.66
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • optimismOptimism (OP) $ 0.540743
  • pax-goldPAX Gold (PAXG) $ 3,346.55
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,661.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,402.00
  • kaiaKaia (KAIA) $ 0.152449
  • wbnbWrapped BNB (WBNB) $ 663.20
  • dogwifcoindogwifhat (WIF) $ 0.881549
  • paypal-usdPayPal USD (PYUSD) $ 0.999605
  • story-2Story (IP) $ 3.04
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,674.14
  • clbtcclBTC (CLBTC) $ 109,384.00
  • the-graphThe Graph (GRT) $ 0.084574
  • tether-goldTether Gold (XAUT) $ 3,336.22
  • flokiFLOKI (FLOKI) $ 0.000084
  • immutable-xImmutable (IMX) $ 0.422830
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.27
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 169.91
  • vaultaVaulta (A) $ 0.483092
  • msolMarinade Staked SOL (MSOL) $ 197.66
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,746.42
  • ousgOUSG (OUSG) $ 111.69
  • theta-tokenTheta Network (THETA) $ 0.700632
  • curve-dao-tokenCurve DAO (CRV) $ 0.501777
  • jito-governance-tokenJito (JTO) $ 1.99
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.73
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997956
  • lido-daoLido DAO (LDO) $ 0.736065
  • galaGALA (GALA) $ 0.014193
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • zcashZcash (ZEC) $ 39.13
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.68
  • wrapped-hypeWrapped HYPE (WHYPE) $ 39.39
  • iotaIOTA (IOTA) $ 0.158310
  • the-sandboxThe Sandbox (SAND) $ 0.245388
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • aerodrome-financeAerodrome Finance (AERO) $ 0.702662
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 108,326.00
  • jasmycoinJasmyCoin (JASMY) $ 0.012296
  • syrupMaple Finance (SYRUP) $ 0.553523
  • saros-financeSaros (SAROS) $ 0.225266
  • usual-usdUsual USD (USD0) $ 0.998157
  • raydiumRaydium (RAY) $ 2.18
  • tbtctBTC (TBTC) $ 108,635.00
  • super-oethSuper OETH (SUPEROETH) $ 2,542.41
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  • pyth-networkPyth Network (PYTH) $ 0.099012
  • pendlePendle (PENDLE) $ 3.39
  • tezosTezos (XTZ) $ 0.528409
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,543.04
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,719.78
  • falcon-financeFalcon USD (USDF) $ 0.999896
  • newton-projectAB (AB) $ 0.008118
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,673.79
  • flowFlow (FLOW) $ 0.325760
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,645.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,543.02
  • decentralandDecentraland (MANA) $ 0.265019
  • coredaoorgCore (CORE) $ 0.501907
  • true-usdTrueUSD (TUSD) $ 0.998869
  • venomVenom (VENOM) $ 0.235896
  • staked-hypeStaked HYPE (STHYPE) $ 39.44
  • apecoinApeCoin (APE) $ 0.610452
  • ripple-usdRipple USD (RLUSD) $ 0.999804
  • chain-2Onyxcoin (XCN) $ 0.014074
  • bitcoin-svBitcoin SV (BSV) $ 24.27
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999901
  • thorchainTHORChain (RUNE) $ 1.33
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004667
  • based-brettBrett (BRETT) $ 0.044055
  • dexeDeXe (DEXE) $ 7.61
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.169608
  • apenftAPENFT (NFT) $ 0.00000044
  • morphoMorpho (MORPHO) $ 1.39
  • beldexBeldex (BDX) $ 0.060410
  • kavaKava (KAVA) $ 0.395389
  • usddUSDD (USDD) $ 0.999971
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007108
  • hashnote-usycCircle USYC (USYC) $ 1.09
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  • movementMovement (MOVE) $ 0.155621
  • stader-ethxStader ETHx (ETHX) $ 2,706.12
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  • kaitoKAITO (KAITO) $ 1.55
  • ecasheCash (XEC) $ 0.000019
  • build-onBUILDon (B) $ 0.368242
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  • deepDeepBook (DEEP) $ 0.145716
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,537.31
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  • telcoinTelcoin (TEL) $ 0.003886
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999905
  • ether-fiEther.fi (ETHFI) $ 0.945159

Satoshi’s Bitcoin Mining Costs Were Shockingly Low, Cardano Co-Founder Reveals

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Satoshi’s Bitcoin Mining Costs Were Shockingly Low, Cardano Co-Founder Reveals

Cardano founder Charles Hoskinson has estimated that the electricity that Satoshi Nakamoto, the mysterious co-founder of the leading cryptocurrency, paid to mine 1 million BTC would have been under $3,700 total.

Hoskinson shared three different scenarios estimating how much electricity it would have cost Nakamoto to mine 1 million bitcoins between 2009–2010.

The Bitcoin creator mined their coins during a time of extremely low mining difficulty, almost non-existent competition, and CPU mining.

The scenarios in the table show various plausible ways Satoshi might have mined the coins with different assumptions about the number of mining machines, wattage, duty cycle, and electricity price.

Only one mining rig that uses 190 watts of electricity on average and operates 75% of the time over 485 days would be the most efficient and minimal setup. If Satoshi were just a single person mining with a decent consumer PC or server, this is what it might have looked like. In this case, the cost would be $191.

However, based on the Patoshi pattern, which was discovered by researcher Sergio Lerner based on the analysis of non-random nonce patterns in early Bitcoin blocks, a single entity (probably Satoshi) mined with a cluster of machines. This would be the most realistic setup that would bump up the cost to $575 in the U.S. and nearly $1,000 overseas.

If Satoshi needed more energy to stay competitive and keep up with growing mining difficulty, the cost would have risen up to the aforementioned $3,700.

As reported by U.Today, Nakamoto, whose real identity remains a mystery, is now considered to be one of the richest people in the world, recently surpassing Bill Gates. His estimated net worth is approaching $120 billion.

In other news, Ripple CTO David Schwartz recently revealed that he holds a total of 250 Bitcoins (BTC) when the cryptocurrency was trading at roughly $30.

Source

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