Kodak distances itself from failed Bitcoin scheme
The Kodak-branded 'Kashminer' Bitcoin mining scheme announced at CES has apparently collapsed, with Eastman Kodak distancing itself from the company behind it.
This is distinct from the Kodak-branded 'Kodak Coin' cryptocoin and 'Kodak One' IP blockchain scheme announced by Wenn Digital Inc at CES.
Eastman Kodak is saying that the Kashminer scheme, where investors could effectively rent Bitcoin mining hardware which would be located at Rochester NY, and use Kodak's on-site power station for cheap electricity, was never actually a licensee of the Kodak name. This is despite the hardware appearing on Kodak's stand at CES, bearing the company's name.
The company behind the Kashminer says that the US Securities and Exchanges Commission had prevented the scheme from going ahead
The Kashminer scheme was immediately ridiculed at the time, since its promised consistent rate of return would appear impossible, given the increasing difficultly of 'mining' that is inherent to Bitcoin.
The BBC is reporting that Spotlite - the company behind the Kashminer - says that the US Securities and Exchanges Commission (SEC) had prevented the scheme from going ahead. It says it is now looking to establish a Bitcoin mining system in Iceland.
|
|
|
|
|
Jan 7, 2021
|
Nov 29, 2020
|
Nov 4, 2020
|
Sep 26, 2020
|
Panasonic's 'nifty fifty' is, quite simply, one of the best compact and affordable primes out there for Micro Four Thirds shooters.
The Prvke Lite is the latest release from camera bag/strap maker Wandrd. A shrunk-down version of their popular full-sized Prvke bag, this model is perfect for smaller kits, including mirrorless cameras.
The Olympus OM-D E-M10 IV is an entry-level mirrorless camera that's feature-packed, and will appeal to beginners as well as more experienced users. Read about the ins and outs of this image-stabilized, low-priced camera here.
The Panasonic Lumix DC-G100 (G110 in some regions) is a mirrorless camera designed for vlogging. Its 20MP Four Thirds sensor is paired with clever tracking audio technology, but we have our reservations.
The GFX 100S fits most of the capabilities of the GFX 100 into a smaller and more affordable body. We've tested what the camera offers to see who it might make sense for.
Although a lot of people only upload images to Instagram from their smartphones, the app is much more than just a mobile photography platform. In this guide we've chosen a selection of cameras that make it easy to shoot compelling lifestyle images, ideal for sharing on social media.
What’s the best camera for around $2000? These capable cameras should be solid and well-built, have both speed and focus for capturing fast action and offer professional-level image quality. In this buying guide we’ve rounded up all the current interchangeable lens cameras costing around $2000 and recommended the best.
What’s the best camera for less than $1000? The best cameras for under $1000 should have good ergonomics and controls, great image quality and be capture high-quality video. In this buying guide we’ve rounded up all the current interchangeable lens cameras costing under $1000 and recommended the best.
There are a lot of photo/video cameras that have found a role as B-cameras on professional productions or A-camera for amateur and independent productions. We've combed through the options and selected our two favorite cameras in this class.
What’s the best camera costing over $2500? The best high-end camera costing more than $2000 should have plenty of resolution, exceptional build quality, good 4K video capture and top-notch autofocus for advanced and professional users. In this buying guide we’ve rounded up all the current interchangeable lens cameras costing over $2500 and recommended the best.
Comments