Comment on Sleeping beauty bitcoin wallets wake up after 14 years to the tune of $2 billion

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squaresinger@lemmy.world ⁨6⁩ ⁨days⁩ ago

Bitcoin private keys are 256 bit long. That means, there are 115792089237316195423570985008687907853269984665640564039457584007913129639936 (1.15*10^77) possible private keys.

Say you are using a bitcoin miner that’s roughly 4x as fast as the curretly fastest one at 1PH/s (110^15), they you’ll need roughly 110^62 seconds or 3*10^54 years.

Lets say you got a million of these miners, then you are down to 310^48 years, or 210^38 times as long as the universe has existed.

I was going to calculate how much electricity this would consume and how expensive it would be, but the answer to that is plainly “too much to imagine”.

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