Drawing Bitcoin

One of the first challenges of this project was to understand and establish a scale for drawing blocks. I wanted to represent them at a scale and detail with high resolution that allowed them to be unique and comparable.

I wanted to express each transaction within a block and log scale emerged as one of the only ways to draw data with such wide ranges without too much abstraction.

Re-sized 1 btc to 150mm

this works nicely for now for the first 1,000,000 blocks at a 700 x 700 canvas size

First drawing captures the first 4 halving blocks as a comparative study;

210000 - 2012.11.28

420000 - 2016.07.09

630000 - 2020.05.11

840000 – 2024.02.20

The drawing shows an expected pull of transactions towards the centre as the mining reward decreases and the btc price surges.

Second drawing shows the mining reward as a layer on top showing the relationship between transaction ranges and reward.

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