In a recent tweet, the blockchain analytics platform Whale Alert highlighted that Nakamoto at remains active until Bitcoin block 54,316, providing one of the most detailed timelines of Bitcoin creator activities.
Based on that analysis, Whale Alert estimated the number of blocks mined and the bitcoin owned by Satoshi was 1,125,150 BTC, mined up to 54,316 blocks.
Our research shows that ℹℹ️ℹ️ℹ️ℹ️Today, at the end of the period when #satoshi was active (until block 54,316 before) two 50 #BTC dormant ad restaurant transactions were mined. However, it is very unlikely that the block was mined by Sato. We will publish…
– Whale Alert (@Whale_Alert) July 31, 2025
The analytics platform also provided the background to early Bitcoin mining, what Nakamoto Atoshi, founder of Bitcoin’s pseudonym, called “Patosi.”
For example, over the entire blocks ranging from 2,000 to 16,000 height, the average number of blocks mined by Patoshi per hour was almost exactly 0.6 per 10 minutes.
Satoshi considers 51% of attacks to be the most serious threat to growing networks, so he is most likely to maintain this average, maintaining a constant 60% of the processing power of 60%, which allowed him to prevent these attacks while leaving enough blocks for others to mine. Satoshi was able to gradually reduce mining activities as more “honest” miners entered the network and the chances of attacks decreased by 51%.
Satoshi Era’s wallet has been activated
This fact surrounding Satoshi’s activities has been revealed in response to speculation about two recently revitalized dormant addresses in the Satoshi era, referring to a loosely defined period since Bitcoin’s launch between 2009 and 2011. Wallets rarely move during this period. Traders are being closely monitored for market clues.
Whale alerts recently reported that two dormant addresses, including 50 btc ($5,916,608) each, were activated after 15.3 years. Whale alert stated that BTC was mined at the end of the period atshi was active (up to around block 54,316), but it is unlikely that Sato had mined the block.
In his last known communication with the Bitcoin developer on April 23, 2011, Satoshi revealed that they had moved to something else and handed over Bitcoin to the community.
