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.
|
|
|
|
|
Mar 21, 2019
|
Feb 26, 2019
|
Feb 5, 2019
|
Jan 28, 2019
|
The Diana Instant Square is a retro-inspired camera with manual controls that's fun to shoot in good light, but largely unpredictable in its operation.
The EOS RP is Canon's latest full-frame mirrorless camera, with diminutive dimensions and a diminutive price. Find out how it stacks up and get our thoughts in our early review.
The Leica Q2 is a fixed-lens, full-frame camera sporting a new 47.3MP sensor and a sharp, stabilized 28mm F1.7 Summilux lens. It's styled like a traditional Leica M rangefinder and replaces the hugely popular original Leica Q (Typ 116), launched in 2015.
Fujifilm's GFX 50R takes the image quality from the existing 50S model and wraps it in a new body with new controls and a lower price of entry. Is that enough to tempt you to pick one up for yourself? Find out how the GFX 50R performs in our full review.
The Mavic Air hits the sweet spot for many drone users, combining compact size with high performance and good image quality. Find out what makes it so useful, and why it might just be the best travel-friendly drone on the market today.
If you're looking for a high-quality camera, you don't need to spend a ton of cash, nor do you need to buy the latest and greatest new product on the market. In our latest buying guide we've selected some cameras that while they're a bit older, still offer a lot of bang for the buck.
A question frequently asked on the Internet is 'what's the best DSLR?' In this buying guide we've answered that question – but also whether it's the right question to be asking in the first place.
What's the best camera for under $500? These entry level cameras should be easy to use, offer good image quality and easily connect with a smartphone for sharing. In this buying guide we've rounded up all the current interchangeable lens cameras costing less than $500 and recommended the best.
Whether you've grown tired of what came with your DSLR, or want to start photographing different subjects, a new lens is probably in order. We've selected our favorite lenses for Sony mirrorlses cameras in several categories to make your decisions easier.
Whether you've grown tired of what came with your DSLR, or want to start photographing different subjects, a new lens is probably in order. We've selected our favorite lenses for Canon DSLRs in several categories to make your decisions easier.
Comments