Bitcoin Mysterious Miner Posts Oldest Signature: Is it Satoshi?

Paigambar Mohan Raj
Source: TechStory

Recently, a member of one of the oldest Bitcoin (BTC) forums, bitcointalk.org, sought to find the oldest or first miner. To everyone’s surprise, an anonymous member posted a signature that dated back to January 2009, a week after BTC was launched.

Source: Cointelegraph

Furthermore, the signature was posted by a new account under the name “OneSignature.” OneSignature’s account history revealed no other participation on the forum, bolstering the theory that it was created to reveal the earliest signed message. The user’s Twitter account also dated back to 2009. However, the account’s tweets are protected. Moreover, the display picture reads “Don’t Trust Anyone,” following Bitcoin’s trustless characteristic.

Source: Twitter

Many were quick to speculate if the signature belonged to Bitcoin’s creator Satoshi Nakamoto. The pseudonymous creator/creators have never revealed his, her, or their identity. Nonetheless, the fact that the oldest signature was posted indicates that the people involved with BTC from its genesis days, still keep an eye on the forums.

How are Bitcoin miners faring?

Bitcoin miners are facing the brunt of falling BTC prices. Miner revenues have fallen to $15,184,340, creating a lot of pressure on miners to sell their holdings.

Source: Blockchain.com

On the other hand, network difficulty is at an all-time high.

Source: Blockchain.com

At press time, Bitcoin’s current hashrate stood at 259.44 EH/s.

Source: Coinwarz.com

Additionally, on the price front, BTC continues to struggle, although it did manage to get past the $17k mark. Memecoins like DOGE are witnessing spikes far greater than BTC. Historically this has been a bad sign for the original crypto. Whenever DOGE experiences a spike, a BTC selloff usually follows. Therefore, if history repeats itself, it is only a matter of time before we see another BTC drop.

At press time, BTC was trading at $17,212.56, up by 1.3% in the last 24 hours.