Kodakcoin: Kodak shares double after launching its own cryptocurrency to rival bitcoin

Image credit: Matt Weinberger/Business Insider Kodak announced yesterday that it’s going to launch its own cryptocurrency but that’s not where its digital currency ambitions end. The company has also teamed up with Spotlite to offer a bitcoin mining rig. There is one major caveat for customers who purchase this machine. They will have to part with half of their profits. Kodak has actually licensed its brand to Spotlite, a company that develops and sells bitcoin mining rigs. The companies have come up with a new line of bitcoin mining rigs that they will essentially be renting to customers.Kodak representatives are promoting the product called Kodak KashMiner at CES 2018. Interested customers will have to sign a two year contract and pay $3,400 upfront to rent the machine. That’s what supports the bitcoin network and mines new coins.Image credit: Matt Weinberger/Business InsiderThe agreement mandates that customers will have to part with half of all the proceeds that the machines generate by

Kodakcoin: Kodak shares double after launching its own cryptocurrency to rival bitcoin

The photography business once famed for its push-button cameras is joining the cryptocurrency bandwagon

Wed 10 Jan 18 from The Independent

Kodak creating KodakCoin, its own cryptocurrency system

Kodak, which traces its roots to the early days of film-based photography, is getting into the digital licensing and cryptocurrency market as part of a partnership with WENN Digital.

Tue 9 Jan 18 from Phys.org

Kodak is Making Its Own Cryptocurrency For Some Reason

I can already feel it in my bones that cryptocurrency is going to lead to another economic collapse soon. Real innocent working-class people are going to lose their homes and livelihoods because ...

Fri 12 Jan 18 from Geek.com

Kodak slaps its name on a sketchy bitcoin-mining business

Kodak's attempt to ride the cryptocurrency wave isn't limited to offering its own virtual coins. CES attendees have learned that Kodak has attached its name to a Spotlite-run ...

Thu 11 Jan 18 from Engadget

Kodak stock price up 89% after announcing ICO

 The 130 year old Eastman Kodak company announced an ICO yesterday because it’s 2018 and nothing matters. Since the announcement, the stock price is trading up 89%, currently at $11.90. ...

Wed 10 Jan 18 from TechCrunch

Kodak Will Sell You A Bitcoin Mining Rig If You Part With Half Of The Profits

Image credit: Matt Weinberger/Business Insider Kodak announced yesterday that it’s going to launch its own cryptocurrency but that’s not where its digital currency ambitions end. ...

Wed 10 Jan 18 from Ubergizmo

Kodak shares have more than tripled since announcing new cryptocurrency 'KodakCoin'

One day after the 130-year-old industrial company announced plans for a new digital currency, the stock has more than tripled.        

Wed 10 Jan 18 from USA today

Kodak stock soar after KodakCoin announcement

Wed 10 Jan 18 from Daily Mail

Kodak Announces Its Own Cryptocurrency

Wed 10 Jan 18 from Ubergizmo

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