Where did he state his hash rate? Why was he buying up 20,000 coins at a time in those early days if he already got 40% of all the coins created? And so many people knew how to rent amazon servers to mine via cpu. There were so many people that knew and were doing it. I think you are way off. The highest estimate I could come up with was that Evan has 200,000 coins, including the ones he bought, minus what he spent on awards and other things. I think also, that he is more than worth the price.
I don't recall exactly where I stumbled across it, I was researching Dash 6+ months ago.
I did however find a breakdown from another user who shows a similar result to what I calculated (first ~20 hours):
Dude, if you're going to quote me, you have to include it in context. I didn't "show a similar result". Did you even read my post? Those numbers require a bunch of rosy assumptions that simply can't be true:
1) It assumes that Evan was the ONLY miner for the first 500 blocks, which
we know isn't true. There was at least one other developer at that time, I believe a friend of Evan's, but I'm not sure... so the "instamine" would have been split at least between two people
2)
It assumes no one else was mining for the first 500 blocks (which may be the case... we'll never know, but I make this assumption in the interests of being conservative)
3)
It assumes that Evan and Co had absolutely no down time for updating their miners, which is impossible... any downtime would reduce these assumptions
4)
It assumes that once huge amounts of mining power joined beginning at block 500 that
Evan didn't start experiencing an elevated level of rejects... this is unlikely as well since blocks were being created so rapidly at that time - literally seconds apart on average - that he and many others reported rejects, getting on wrong chains, having to reset, etc. Evan would have no way to be immune to these issues caused by the rapid creation of the blocks and network latency, so the true "networkhashps" is clearly understated during that period because many blocks were rejected and not counted.
5) It assumes that he never sold any Dash
EDIT: Not to mention that I was very clear that these numbers therefore constituted an UPPER LIMIT to refute claims by trolls (which I am starting to suspect you are) that Evan had instamined 1.8 million coins. This was proof that the claim was bogus. The real number is clearly much lower for all of the above reasons, which makes Evan's claimed amount of coins very much in line with what the data shows. If you are going to just ignore data, you are no longer just exhibiting "healthy scepticism" and I'm inclined to classify you as a troll yourself.
