Everyone knows about the 10,000 Bitcoin pizza but nobody talks about the other 150,000 BTC he wasted after
Before the famous pizza order, Laszlo Hanyecz invented GPU mining for Bitcoin Which made it possible for him to mine thousands of BTC per day Satoshi personally messaged him about it, and was worried it would break the network Laszlo's response: "I feel like I crapped up your project" He kept buying strangers dinner in Bitcoin until he couldn't mine fast enough to keep up His wallet has a total volume of 162,864 BTC That's $10.7 BILLION in today's value and $20.3 BILLION at the peak price of Bitcoin His balance now? 0.00018 BTC around $12 The guy who invented Bitcoin mining actually wasted BILLIONS Probably the biggest fumble in the history of Bitcoin
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Everyone knows about the 10,000 Bitcoin pizza but nobody talks about the other 150,000 BTC he wasted after
Before the famous pizza order, Laszlo Hanyecz invented GPU mining for Bitcoin
Which made it possible for him to mine thousands of BTC per day
Satoshi personally messaged him about it, and was worried it would break the network
Laszlo's response: "I feel like I crapped up your project"
He kept buying strangers dinner in Bitcoin until he couldn't mine fast enough to keep up
His wallet has a total volume of 162,864 BTC
That's $10.7 BILLION in today's value and $20.3 BILLION at the peak price of Bitcoin
His balance now? 0.00018 BTC around $12
The guy who invented Bitcoin mining actually wasted BILLIONS
Probably the biggest fumble in the history of Bitcoin