After almost a month of work, I'm proud to present part three of my Halving series. Since moving house a month ago, I've spent almost every spare minute drawing. The fourth Halving is approaching!

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For each Halving, I will create a tribute, all identical in structure and seamlessly connected, like one Bitcoin block to the next. After three months of working on this series, the upcoming Halving will mark the end of this series for the time being. I will draw part 5 in 2027/2028, when the fifth Halving takes place with block 1,050,000.

The central circular chart filled up again another 210000 blocks later. At the first Halving it was 50% filled clockwise, at the second Halving it was already 75% full and at the block of the third Halving 87.5% as 87.5% (18,375,000 Bitcoin) of all Bitcoin ever available. For the last part of this series for the time being, Halving IV, this circle will be 93.75% full.

Below are a few basic facts and figures about block 630000, which I have included in the drawing:

-the first block of the fourth epoch.

-took place on May 11, 2020.

-Block subsidy: 6.25 Bitcoin/block.

-Supply: 18,375,000 Bitcoin (87.5%).

-The median fee for the third Halving block was ~90 sat/vB.

-3134 transactions and a storage space requirement of 1.19 MB are included in this block.

-The hash of block 630000: 00000000000000000000024bead8df69990852c202db0e0097c1a12ea637d7e96d. Note the number of zeros at the beginning. Whereas there were 13 zeros at halving I, one Halving later there are already 17 zeros and 19 zeros at the third halving. This shows the increasing mining difficulty: the more zeros at the beginning of the hash, the more hashes per second were required to determine the valid block. This number of zeros will also increase with each Halving.

-The approximate hashrate that secured the network to block 630000: ~139.25 EH/s. During Halving II, it was still around 1.5 EH/s. This means that the hash rate increased by a factor of 100 in the period from 2016 to 2020!

A closer look reveals a few other elements that should of course be familiar to die-hard Bitcoiners.

The drawing measures 29.7 x 42cm / 11.6 x 16.5". Drawn with many pencils varying in hardness on thick, 290/mยฒ rough drawing cardboard.

Completion block time: 832655

This is awesome! It seems like craftsmanship and bitcoin adoption are at a minimum correlated, and likely causal I'd guess.

Thank you so much!

In pursuit of perfection.

amazing proof of work

Thanks, dvo!

Absolutely amazing๐Ÿคฉ๐Ÿ‘Œ

Much appreciated, Pextar! ๐Ÿ™๐Ÿฝ

These could go for thousands

Millions of Satoshis even

At the moment, the originals are not for sale to me. I have already been offered five-figure dollar-shitcoin amounts ๐Ÿ˜…

Love it!

Thanks, Dr. Bitcoin! โšก๐Ÿ™๐Ÿฝ

Have you seen Petekโ€™s work? I got lucky and got #69/200 of Genesis.

You should pitch your original work to PlanB and Saylor. And make a limited run for plebs.

I always do limited runs of 21 pieces which almost always get sold out immediately. My Halving series is reserved and sold out for weeks already!

My recommendation: double the price of each subsequent numbered item. Start at $1. If you sell all 21 youโ€™ll be loaded.

Amazing โœ๏ธ๐Ÿ™

Thank you, mate!

I love artists with such a dedication. Keep it going โœ๏ธโ˜€๏ธ๐Ÿ™

this goes deep in my brain, WOW pleb !!! luv it...

an epic epoch that was

Absolutely!

nostr:npub1vxz5ja46rffch8076xcalx6zu4mqy7gwjd2vtxy3heanwy7mvd7qqq78px damn, mate! Thank you so much for your generosity. 21 thousand valuable Satoshi, wow!

Thank you for you amazing art!

Can you connect the 3 drawings in the series to make a huge wallpaper?

Wonderful work! The deep beauty of timeless classic art combined with the deep beauty of the first and only honest digital monetary system. Very moving.