A weird scheme to rent out Kodak-branded bitcoin mining rigs has collapsed - Creak News

real time news...

A weird scheme to rent out Kodak-branded bitcoin mining rigs has collapsed

Share This

The formerly Kodak-branded bitcoin mininig device from Spotlite, on display on Thursday, January 11, 2018 at Kodak's booth at CES in Las Vegas.

  • A Kodak-branded Bitcoin-mining rig which premiered at CES will not go ahead.
  • The company behind the project, Spotlite, told the BBC the scheme has has been blocked by the US financial watchdog.
  • Originally the rig was marketed as a rentable Bitcoin miner, for which customers would pay $3,400 up front for a two-year deal.
  • Critics were sceptical of the machines, with some dubbing them a "scam."


A weird scheme to launch a Kodak-branded bitcoin mining rig, first shown off at CES in January, has collapsed.

Spotlite, the company which licensed Kodak's brand and built the rigs, told the BBC that the scheme won't be going ahead.

See the rest of the story at Business Insider

NOW WATCH: These 13 medical technologies are changing lives

See Also:

SEE ALSO: Hackers have stolen more than $1 billion from cryptocurrency exchanges so far this year



from Business Insider https://ift.tt/2KYANGF

No comments:

Post a Comment

Pages