RATE Group | Minecraft Meets Bitcoin With ‘Satoshi Quest’ Treasure Hunt
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Minecraft Meets Bitcoin With ‘Satoshi Quest’ Treasure Hunt

04 Feb Minecraft Meets Bitcoin With ‘Satoshi Quest’ Treasure Hunt

Posted at 02:31h in Bitcoin News by

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A new Minecraft server called SatoshiQuest has been launched, providing an online treasure hunt where the prize is real bitcoin. Players pay $1 in bitcoin to play, which is pooled into a prize fund for the winner to find. Rinse. Repeat.

A New Way To Mine Bitcoin

Each player has a unique in game wallet address linked to their Minecraft user ID. Buying a life in the treasure hunt costs $1, with bitcoin conversion rates being recalculated every 15 minutes.

90% of the money raised through entrance fees goes to the treasure fund, with 10% going to the developer to cover server costs.

Active players then search the vast Minecraft landscapes in search of the hidden bitcoin treasure. When a player gets close to the treasure, their location is broadcast to the other players. This gives them a chance to still get to the treasure first, and supposedly will stop players camping on the loot spot.

Although one would hope that there are enough loot spots to make this tactic unprofitable…

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