http://pierovggsterf4w5xplynqtl56srftc242l3g2xloqlty6nv7372xuyd.onion
Part of my confusion is also due to hg log listing in chronological order (I believe, but I am still unsure). It starts from the most recent commit it knows and then shows commits that are not ancestors of the one checked out. Showing the graph with the -G option makes the output a bit clearer for me.