As it is known, mainly by those who work in the area, Bitcoin mining hardware has a lifespan that comes to an end for several reasons: it loses power in the face of the difficulty of the network and ceases to be profitable for energy consumption, or it deteriorates physically by its use, although some reach more than 7 years.
Some disused Bitcoin mining equipment has regained its value thanks to Venezuelan artist Juliette "Juls" Garzón, who launched a collection of 7 pieces that were sold in their entirety in less than 72 hours.
The artist's collection was not the only increase in the value of the NFT's, as there are others of high value, such as some lands in Axie Infinity, several cards in Shiryo that are collectible NFT's or even digital art made in the WAX network that each time increase part of their value.
The name of the collection is Bit Art, and in addition to Bitcoin miners it includes other pieces, which are accompanied with a non-fungible token or NFT that each buyer receives.
To give a new meaning to this disused equipment, Juls Garzón intervened them with different techniques adding color and personality to create collector's items, making this hardware get new owners in a short time.
The Artminer collection miners were sold for US$900 each, in less than 72 hours since their launch on May 3.
The miners have already fulfilled their function and could not be connected again to continue exercising the proof of work in the Bitcoin network, but they will be honored forever with the intervention of the Venezuelan artist, instead of being discarded.
[link] [comments]
source https://www.reddit.com/r/btc/comments/uqdxeu/bitcoin_miners_are_now_nft/
No comments:
Post a Comment