Crypto Coffer, 2018, thermoplastic hard case, LED monitor, Ethereum mining rig (motherboard, three graphics processing units (GPUs), battery, hard drive, Windows OS), smart contract, 21.7 x 14.1 x 8.9 inches (55.1 x 35.8 x 22.6 cm)
This thermoplastic case houses a portable computer designed to mine Ethereum cryptocurrency. We have produced this prototype to complement the itinerant life of many contemporary artists and the precarious economy from which they fashion a livelihood. The dimensions for the Crypto Coffer conform to international flight carry-on luggage size regulations. Upon arrival at an exhibition destination, art fair, panel, or symposium, the Crypto Coffer can be easily assembled and put to verify proof of work. Ethereum tokens hashed synchronously with a work engagement are stored in the artist’s virtual wallet (coffer). Host institutions need only provide a power outlet and a consistent Wifi connection. Crypto Coffer is our latest proposition to reconsider the art market and its derivative value with the goal of furthering mutuality between art producers and patrons.