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Exotic Sats

What Are Nakamoto Sats?

Nakamoto Sats

Bitcoin was created by an individual who used the pseudonym Satoshi Nakamoto. Their true identity is unknown. They were of course the first to mine Bitcoin and the first to test transactions. Any Sats that belong to the block rewards mined by the mysterious Nakamoto are Nakamoto Sats. It is estimated the Nakamoto mined approximately 22,000 blocks, many of which were mined when the block reward was 50 Bitcoin. A vast amount of the Bitcoin, and therefore Sats, mined by Nakamoto are still untouched in their wallet.

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