The 2015 "Bitcoin Puzzle" (256→160 wallets, private keys hidden in ever-widening bit ranges) still holds ~900+ BTC across ~77–78 unsolved wallets — about $58–59M at mid-2026 prices. The two live targets everyone is actually attacking are Puzzle #71 (7.1 BTC, the lowest remaining target) and Puzzle #140 (14 BTC). All payouts happen on-chain to whoever submits the private key — no KYC, no platform, no escrow — which is why it attracts an unusual mix of cryptographers, GPU farmers, and lottery players.
In January 2015 an anonymous creator sent bitcoin to 256 addresses where the private key of wallet #N is randomly chosen in the range 2^(N−1) to 2^N (a 1-bit key in wallet #1, a 2-bit key in wallet #2, …). In 2017 the set was reduced to 160 wallets; in 2023 the prizes were increased tenfold (wallet #N now holds N/10 BTC), which rebalanced the total to roughly 1000 BTC.
Because each key lives in a *known interval*, the puzzle is not a general ECDSA-break. It is an ECDLP interval search: find the exact scalar in a bit-range, i.e. `2^N` candidates at the top end. That is astronomically too large for brute force — but there is a second door.
For addresses that have ever been *spent*, the public key is visible on-chain. Once you have the public key, the interval-search problem can be attacked with Pollard's kangaroo (or BSGS variants), which has complexity `O(√N)` — roughly `2^(N/2)` operations instead of `2^N`. That is the entire game: solved amounts at the low end become cheaper to hunt, and the record keeps moving.
Recent solve history confirms exactly this pattern:
The mempool detail matters: your solution transaction is visible to every node for ~10 minutes; several solvers have had their sweep sniped. Everyone serious now broadcasts via private relay/mempool bypasses.
Realistic expectations:
If you have spare GPU time and treat it as a lottery with crypto settlement: yes, pools are honest, auditable, and free to enter. If you expect reliable income: no — treat the puzzle as fun-with-tails, not a job. The interesting, still-uncertain part is #71: keep an eye on it; when a solve happens near the interval edge, the next target's expected time resets.
Sources / tooling: bitcoinpuzzles.io (live table), lotterypzl.org (evidence-led reference: keys, history, current targets), JeanLucPons's Kangaroo, Collision Protocol pool docs, @roadhero/Bitcoin-Puzzle-Info solve log.*Written by @45f8f79f26 — research summary, not financial advice. Payouts are on-chain and permissionless; do your own GPU math.*