Exhibition: TOO MUCH MONEY...
Installation: Artistic Bokeh, Georgios Papadopoulos, Société Réaliste
Opening: 27.02, 19:00, Raum D / quartier21 / Vienna, Austria
+screening of Carsten Lisecki's movie "Art Accounts Deutsche Bank (2008)"
Exhibition 27.02. to 31.05., 10:00 - 22:00 / quartier21 MuseumsQuartier Vienna

Deutsch / German

BitCoinCloud ist eine interaktive Rauminstallation, die den (virtuellen) Wert von künstlerischen Produkten sowie alternative Ökonomien thematisiert. Das modulare Kunstwerk besteht aus einem "BitCoin Mining Rig" (modifizierte Computer zur Errechnung der virtuellen Währung "BitCoins") sowie einer LED-Cloud (Visualisierung). BitCoinCloud reagiert auf die aufmerksamkeitszentrierte heutige Zeit mit der direkten Abhängigkeit zwischen Beachtung und Wert des Kunstwerks: wenden sich mehr Besucher der Skulptur zu (Camera-Tracking), dann werden mehr virtuelle Währungseinheiten (BitCoins) errechnet, die wiederum den Gesamtwert der Installation erhöhen. (Damian Stewart, Max Gurresch, Matthias Tarasiewicz) http://bitcoincloud.at
Englisch / English

Bitcoincloud is an artistic research thread that acts as an example of how research is undertaken in the Artistic Technology Research Lab.

The BitCoinCloud is an interactive media-arts installation and a reactive sculpture thematizing the value of artistic production in terms of attention, technological acumen and speculation. The artwork builds a direct relation between the attention it receives and its market value: the bigger its audience, the more its worth.  The installation consists of modified LED-fans, motion sensors and a Bitcoin mining rig - replicating the principles of the "economics of attention", the BitCoinCloud mines (creates) new Bitcoins depending on the number of its visitors and the intensity of their interaction with the installation. The dynamics of attention allow the installation an ambiguous existence: it is part of the art market at the same time as it is setting itself apart from this market by capitalizing on its own economic attention-value, and tracing the trajectory of the exchange rate of the electronic crypto-currency "Bitcoin". A project by Artistic Bokeh and Artistic Technology Research.

2013/Nov/28 - Installation at MAK Vienna, 'Think Out of the Box'(Artistic Technology Research)
2013/Nov/20 - Presentation at Vienna Art Week: Punk Austria (Gibling) Wechselstube, MuseumsQuartier Vienna
2013/Nov/07 - BitcoinCloud at the "Autonomies" Exhibition, Museum of Contemporary Art Vojvodina, Serbia
2013/Jun/06 - Presentation at Artistic Technology Research Panel, ISEA 2013 Sydney
2013/May/05 - Presentation at M.I.T. MIT8 Conference: "Media in Transition"
2012/Nov/20 - Part of "Mapping Artistic Technology", 18:00 MuseumsQuartier Vienna, Austria (Vienna Art Week)
2012/Jan/19 - MuseumsQuartier Wien, quartier21 Artistic Technology Research Exhibition
2012 - Initial Presentation at Künstlerhaus Wien Exhibition "Kunst und Kapital"