Critical mining: blockchain and bitcoin in contemporary art

Authors: Martín Nadal & César Escudero Andaluz
Keywords: Mining, Function, Failure, Environment, Economics, Retro
First 100 words: The bitcoin was originally conceived as an electronic decentralized system for capital transactions. Each node (user) has the same opportunities to get a reward when validating a collection of transactions (block). In recent years, this system has triggered a competitive struggle in which computing power is the most important variable for earning bitcoins. This involves the use of large computer farms using physical and environmental resources, creating a struggle that benefits only the owner of the most powerful and efficient technology. This text examines different examples of artworks based on blockchain technology, in particular how artistic practices are able to…

Behaviour

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Portfolio & Trading

Total Returns Benchmark Returns Alpha Beta Sharpe Sortino Volatility Max Drawdown
-5.72% 11.1% -0.08 -0.04 -1.98 -2.49 0.04 -5.77%
Created with Highstock 1.3.10ZoomFeb 2017Mar 2017Apr 2017May 2017Jun 2017Jul 2017Aug 2017Sep 20170%10%-10%20%-10010200k-5k5k-10k-500k0k500k

Monthly returns

Returns 1 Month 3 Month 6 Month 12 Month
January 2017-0.005N/AN/AN/A
February 2017-0.0009N/AN/AN/A
March 2017-0.0088-0.0145N/AN/A
April 2017-0.0122-0.0216N/AN/A
May 2017-0.0174-0.0378N/AN/A
June 2017-0.0002-0.0295-0.0435N/A
July 20170.0013-0.0162-0.0375N/A
August 2017-0.0132-0.012-0.0493N/A
September 2017-0.0026-0.0144-0.0434N/A

Current positions

TickerQuantityPriceValue
ACN207$128.36$26,570.52
BR349$76.94$26,852.06
ERUS-3031$30.76($93,233.56)
EZU-156$41.74($6,511.44)
IBM190$142.20$27,018.00
IEUR956$47.79$45,687.24
JPM291$91.68$26,678.88
LIT-969$32.62($31,607.81)
ROBO743$36.12$26,837.16
SNSR-82$18.23($1,494.86)
TAN-879$21.34($18,757.86)
WEAR-515$17.17($8,844.09)
Cash- -- -$457,681.90

Total value: total:$476,876.13

Total value: total:$476,876.13