Can a BTC ‘seed phrase slot machine’ really make you rich?

https://protos.com/can-a-btc-seed-phrase-slot-machine-really-make-you-rich/

21 Comments

  1. tldr; A GitHub project called Mnemonic Slots allows users to spin a ‘seed phrase slot machine’ to check if the resulting Bitcoin (BTC) address holds any funds. While the concept may seem enticing, the odds of finding a wallet with significant BTC are astronomically low. With 2^128 possible combinations, even spinning continuously for trillions of years would likely yield no results. The developer acknowledges this, stating ‘there are no winners.’ The project highlights the improbability of striking it rich through such methods.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. Well it’s a lottery with a really low chance of winning and the addition, that a potential winner will still be a thief if he takes what he “won”.

    So chances are really low, but yes, if you win, it could “make you rich”

  3. Confident_Music6571 on

    Okay but what if I get a whole bunch of computers to do it? Maybe “mine” for the right ones? 🤔
    🤔🤔

  4. Interesting that there is no mention of it being theft in the article. I’m sure the low odds play into the ability to ignore that fact.

  5. Wasn’t there a website that showed you all addresses and their crypto value? You just had to klick through all the pages for an eternity.

  6. I think that’s probably really dodgy, the code probably runs in the browser, outsourcing the seed generation to the user’s machine, and then if a large enough amount is found nothing stopping the JavaScript from reporting no win but feeding the winning seed to the developer.

  7. It says it right there : Only 5.4 Duodecillion Different Combinations! 
    You think 1 billion or 1 trillion is a large number.

    I bet you have a better chance of winning the jackpot in a lottery 5 times in a row.

  8. FckCombatPencil686 on

    Statistically you have a better chance of getting struck by lightning 3 times, and Everytime you wake up at the hospital, a different hot nurse is giving you head in the hospital, until the third time, the 3rd time it’s me giving you head.

    So those are the odds of guessing a seed phrase, but good luck.

  9. FckCombatPencil686 on

    The odds of actually guessing a seed phrase are so astronomically huge, that the human mind can’t fathom it.

    1 in 12+ octillion. There are over 12 octillion possible combinations. 

    You have better odds of randomly selecting one specific grain of sand from a beach, then doing it again with every beach on Earth, then doing it again with Earth-sized planets made entirely of sand… about 50 times over.

    Or like if I asked you to pick a specific random star in the observable universe, then being you being right, then you guessing right 12 million more times in a row.

    A monkey randomly typing Shakespeare is more likely than this.

    Getting 38 people in a room where ALL of them share the same birthday (including year)… times a trillion. 38 Trillion people with the same birthday.

    If every atom in the observable universe (≈10^80 atoms) bought a lottery ticket, and only ONE ticket won, and you’d still have better odds than 1 in 12 octillion.

  10. Long-Ease-7704 on

    It’s not likely but imagine how pissed the US government would be if you got some of their “locked up” wallets