View full screen - View 1 of Lot 10. Black Rare 1659839999999999.

Black Rare 1659839999999999

Lot Closed

March 5, 07:10 PM GMT

Estimate

15,000 - 20,000 USD

Lot Details

Description

Black Rare 1659839999999999

Satoshi 1,659,839,999,999,999

SAT Creation Date: October 1, 2017

Blockchain: Bitcoin

Satributes: Black Rare, Omega


https://magisat.io/utxo/5c8955bdf4edb717d3fd31763041a37ed22414a87d97d35d851d742c846f9e38:0

Black Rare:

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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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Black Sats are the second most popular rare Sats category, only after the Uncommons Sats. They are widely adopted by the Ordinals community in general, and their total supply is exactly the same as Uncommon Sats. Just as Uncommon Sats, their rarity is related to the position of the Satoshis inside the blockchain, and this makes its rarity properties much less subjective and much more clear then the other Sats categories, which is one of the main reasons for their value accrual and adoption.


Black Sats are the Satoshis that come right before each block - in contrast to Uncommon Sats, which are the first Satoshi of every block. Black Rare Sats on the other hand are the Satoshis that come right before a difficulty adjustment period - in contrast to Rare Sats, which are the first Satoshi of every difficulty adjustment period. Difficulty adjustments happen once every 2016 blocks, and each block happens every 10 minutes. Which means that a new Black Rare and Rare Sats are created every 20160 minutes on average (approximately once every 14 days).


Sat info: https://magisat.io/utxo/5c8955bdf4edb717d3fd31763041a37ed22414a87d97d35d851d742c846f9e38:0