Comment by wil421
16 days ago
I like this idea. They should’ve been able to do some decent mining early on after losing the keys and make money.
16 days ago
I like this idea. They should’ve been able to do some decent mining early on after losing the keys and make money.
Depends a lot on when and how the keys were lost. If the creator(s) were sitting on it thinking they had this cache there's not much reason to mine so if they lost it later, say after home mining with single GPUs became woefully inefficient and ASIC farms ruled the roost it could have been out of economic reach to actually mine. Or they didn't realize for a while that they had lost the original keys, eg they forgot their passphrase or went to access the drive with the key on it and it has died or disappeared (lost in a move or something). There's also the off chance that they were simply pretty old and died before it really went crazy and their survivors just don't know that gramp's old flash drive actually had a fortune in coins on it.