This Bitcoin OG Mined 1 BTC A Day In 2011—Here’s How Much A 365 BTC Stash Would Be Worth Now
Posted On May 12, 2025
Bitcoin (CRYPTO: BTC) has seen a stratospheric rise since its inception in 2009. Those who identified its potential and invested when it was still in its infancy have witnessed returns that very few assets can compete with.
What happened: Eric Elliott is one such Bitcoin OG who started mining the apex cryptocurrency in 2011.
Elliott, a computer developer, spent around $100 to create a computer geared for Bitcoin mining—the act of using computational power to solve complicated cryptographic problems and earning BTC as a reward.
“When I put it online, I was probably mining one Bitcoin a day,” Elliott said during a 2013 interview with CNN Business. …
Full story available on Benzinga.com
