Bitcoin Ordinals: Sat Hunting
Bitcoin Ordinals: Sat Hunting
Obsidian Zero | Inscribed Black Rare 1,119,719,999,999,999
Accepts Crypto
Lot Closed
March 5, 07:05 PM GMT
Estimate
20,000 - 30,000 USD
Lot Details
Description
Billy Restey
Obsidian Zero
Inscription 46,317,044
WEBP inscribed on Bitcoin
Executed in 2023, this work is a 1/1 and was inscribed in December 2023.
Inscribed Black Rare 1,119,719,999,999,999
Satoshi 1,119,719,999,999,999
SAT Creation Date: May 25, 2013
Blockchain: Bitcoin
Satributes: Black Rare, Omega, Inscription
https://magisat.io/utxo/f69fbe3edc687724ca99cba3e9bfa5c58031bd0764c03af5faa866ffe18404df:0
Oldest Black Rare Inscribed & 2nd Black Rare Ever Inscribed (May 25, 2013)
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Total Supply: 3,432
Mined: 411 (12.0%)
Active in Epoch: 303 (73.7%)
Active Past 365d: 156 (38.0%)
Sequestered: 28 (6.8%)
Inscribed: 2 (0.5%)
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Obsidian Zero is an experimental art project by OG ordinals artist Billy Restey. After sifting through over $7B worth of Bitcoin over 7 months Billy finally sequestered a Black Rare and decided to push the limits of the protocol with it–inscribing a perpetual loop on the eternal chain. Billy started inscribing his art in February 2023 (sub 10k inscriptions) and has continued to push the boundaries ever since––dropping several collections garnering millions in secondary sales while curating thousands of holders. He believes in the long-term value proposition of ordinals and rare sats and thinks we are entering a new Bitcoin renaissance.
A black rare is the last satoshi mined before a difficulty adjustment event. Out of thousands of bitcoins (each having 100m satoshis) that are minted between two difficulty adjustment events, only one is a Black Rare satoshi. Totaling just 412 in existence and even less in circulation, black rares are among a collector’s finest pieces.
Inscription info: https://www.ord.io/46317044
Sat info: https://magisat.io/utxo/f69fbe3edc687724ca99cba3e9bfa5c58031bd0764c03af5faa866ffe18404df:0