After updating my Page about the Biggest Crypto Loss, Hacks, Scam of All Time, i came down to a new record number of Bitcoin that maybe lost forever. As the subject is sensible, this need some more explanations how I came to that crazy number…
BTC | Confidence | Explanations |
1m | 50%/50% | 1,000,000 BTC MINED SATOSHI NAKAMOTO A further million coins are said to be lost, due to them being the original Bitcoins that pseudonymous Bitcoin creator Satoshi Nakamoto mined before disappearing. Although it’s always possible that he will re-emerge and claim his fortune, it seems more likely at this stage that his fortune will remain untouched. |
4m | 80% | Chainalysis, a cryptocurrency and blockchain analytics company, first revealed in an interview with Fortune that between 2.78 and 3.79 million BTC are already lost on the bitcoin blockchain. That number was released in November 2017. Chainalysis’s conclusions rely on segmenting the existing bitcoin supply based on age and transaction activity. For some segments, the company used statistical sampling to determine the amount lost. Source: Fortune |
9000 | 100% | STONE MAN LOST FOREVER 9,000 BTC. |
7500 | 100% | JAMES HOWELLS LOST 7,500 BTC IN 2009 “I (James Howells, a 32-year-old IT specialist) mined more than 7,500 coins over one week’s time in 2009; there were just six of us doing it at the time, and it was like the early days of a gold rush. Four years later, I had two hard drives in a desk drawer. One was empty, and the other contained my bitcoin private keys. I meant to throw away the empty drive — and I accidentally threw away the one with the bitcoin information,” said Howells. “I looked up the price, did the calculation . . . and thought, ‘S – – t. [My investment is] worth around $2 [million] or $3 million.’ A few months later it was worth $9.9 million. I was annoyed, pissed off, sick. I spoke to the people at the landfill and told them that I threw away a hard drive worth $10 million. They looked at me stupidly.” Note that |
66.9 | 100% | GENESIS BLOCK 66.9 BTC AND COUNTING… The genesis block is an unspendable sum that will forever contain the first block reward of 50 BTC. Over the years, many fans have also sent funds to the genesis address, Source: Bitcoin Explorer |
1400 | 100% | CAMPBELL SIMPSON LOST 1400 BTC FOREVER Sydney-based technology journalist Campbell Simpson details his story of throwing away a hard drive containing 1400 bitcoin. Source from Author himself |
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