Cardano Founder Reveals: Satoshi’s Bitcoin Mining Costs Were Shockingly Under $3,700
The man who invented Bitcoin mined it for pennies—while today’s crypto giants burn megawatts like Wall Street burns cash.
Charles Hoskinson just dropped a bombshell: Satoshi Nakamoto’s early Bitcoin mining operations cost less than $3,700. That’s roughly what a hedge fund manager spends on lunch.
Back when crypto was pure idealism, not a casino for VCs. The numbers sting when you compare them to today’s industrial-scale mining farms guzzling enough energy to power small countries.
Funny how the ‘decentralized’ dream now runs on ASICs manufactured in three Chinese factories. But hey—at least the carbon credits trade is booming.