The image above contains everything you will need to solve this puzzle. It emerged in the Bitcoin subreddit as a post roughly 4 hours ago (at the time of writing this post). The original poster used a new account and as a "hint" he left this message in the comment section:

This work is comprised of Satoshi Nakamoto's famous whitepaper words, scaled by Log N. Disparate ideas inspired Satoshi to create a solution to revolutionize modern socio-economics and industry. The work reflects on the elements that brought this technology to life, and challenges the underlying security model. Hidden in plain sight lies something more: a treasure hunt. 1 BTC is concealed within the work.

Public key containing the prize

The image contains some math equations:

q=01

q=020

q=035

z=0

z=1

z=2

z=3

z=4

z=5

z=6

z=7

z=8

z=9

z=10

z=11

z=24

z=25

z=30

z=35

z=41

z=45

i++

k++

k>z

p >/= q

P </= q

p > q

+1

and a list of 85 words:

frequent

reveal

pair

later

credit

tree

hour

valid

person

verify

either

cost

system

size

first

grow

solve

interest

casual

physical

group

satisfy

time

work

want

process

online

two

tape

stock

gold

place

party

power

save

current

correct

allow

model

since

effort

express

drop

proof

know

able

order

problem

end

just

zero

run

air

agree

next

modify

must

cash

sign

try

post

find

code

attack

early

help

gap

entire

tail

fee

provide

race

main

rely

pool

course

use

ability

paper

speed

like

come

key

best

wait

The only real hit was a reply to a comment stating:

There are 239 BIP39 seed words in that picture.

The reply reads:

You can throw at least half of those out. This is clue #1.

So far no one has been able to come close to cracking this cipher. If you have some ideas you can share them in the comments below.

I will try to keep the post updated if new hints get released from the original poster.

Happy treasure hunting!