NFT Mine Offset: ETH Ethereum Miner 3 GPUs

By Simon Denny

Simon Denny's NFT Mine Offsets recast each minted NFT as an automated mining unit—a crypto miner—using second-hand Ethereum “mining” computers purchased by the artist from ebay.com, where these machines currently fetch anywhere between $3,000–$20,000. Denny has worked with a gaming illustrator to produce detailed 3d portraits of these miners to create new digital artworks. Following their images’ release as NFTs, Denny will retire the mining computers represented from the Ethereum network altogether. Instead of the hardware using the energy typically required to host the intangible collectibles of the NFT wave, the processing power from these machines’ GPUs (Graphical Processing Units) will be donated to environmental research via climateprediction.net, a not-for-profit climate modeling project overseen by scientists at the University of Oxford, using volunteer computing to study and predict climate change.

The artist sees this material and market swap as a kind of offset in the NFT world, mirroring “carbon offsets” that many companies today are leveraging to redress the negative impacts of their business practices. The artwork is a poetic transformation between states—moving energy, matter, likeness, and attention from one network of value to another.

Not on sale

Make an offer to the artwork owner, the offer will be either accepted or rejected
The Curated platform supports openness in the Web3 space. Most of the works featured in this Curator’s Choice section are fetched from external Web3 marketplaces and fall under their respective regulations, and remain the intellectual copyright of the artists. The editorials are non-commercial and we do not take any fees or commissions.