To me what you are describing is the process of discovering Bitcoin, but I would say that process and the informational realm began at Universal Genesis from logical temporal construction. From Universal Genesis to Bitcoin Genesis was the eternal process in the search for the valid nonce (self discovery). Post discovery (Bitcoin), time has progressed forward and inward to the next chain of time, where it now has begun the universal process of searching for the nonce (discovering itself).

I think beyond our universal event horizon it looks pretty similar to this universe with consciousness who too discovered Bitcoin, and thus instantiated our existence and time. Both a physical place and an informational realm.

There is no computation greater than computing truth itself. The process is eternally regressive and progressive.