Hit for Bitcoin While the Kodak mining program collapses, but the bitcoin price remains

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  mining bitcoin price kodak

People walk near the Kodak exhibition at the CES in Las Vegas, Nevada, January 10, 2018. Photo credit should read David McNew / AFP / Getty Images)

The bitcoin price – which has been under strong pressure in recent months – has succeeded to maintain support despite another crypto-mining scandal.

Last night the technology company behind Kodak's cryptocurrency scheme, Spotlite USA, confirmed its bitcoin mining operation collapsed, after it was labeled "by the critics and criticism blocked by the US Security and Exchange Commission (SEC).

A bitcoin miner with the Kodak brand – & nbsp; that Kodak told the BBC was never officially authorized and that no device was ever installed – went on display at the official Kodak booth at the CES show in Las Vegas in January # 39; year.

Spotlight had planned to rent computers, called Kodak KashMiners, to people for a cost of $ 3400 over a period of 24 months and promised returns to & nbsp; $ 375 per month.

After making those promises of return, people found that the price of the bitcoin would have to hit an average of $ 28,000 per coin in those two years – far from the $ 6,700 bitcoins traded today.

Meanwhile, Kodak announced in January plans for an initial coin offering (ICO) on The KodakOne platform allows people to record their work, photograph licenses and search the Internet for use not allowed.

However, only a day before it was set to start, Kodak postponed the launch of its cryptocurrency, citing the need to assess the status of potential investors.

The collapse of the Kodak-branded bitcoin mining program is the latest blow to cryptocurrency miners after a number of high-profile scandals this year, including Facebook ads that advertise bitcoin mining rigs [1945] 9029] and illict websites hijack people's computers for mining power.

The price of bitcoin is currently at most for over a week. CoinDesk

However, this development has not affected the price of bitcoin, which is currently a maximum of seven days.

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  bitcoin kodak price mining

People walk near the Kodak exhibition at CES in Las Vegas, Nevada, 10 January 2018. Photo credit should read David McNew / AFP / Getty Images) [19659020] The price of bitcoin, which has been under strong pressure in recent months, has managed to maintain support despite another crypto-mining scandal.

Last night the technology company behind the cryptocurrency mining scheme Kodak, Spotlite United States, confirmed its bitcoin mining operation collapsed, after being labeled as "scam" by the critics and blocked by the US Security and Exchange Commission (SEC).

A bitcoin miner with the Kodak brand – that Kodak has told the BBC he was never officially licensed and no device was ever installed – he was exposed at the official Kodak booth at the CES technology show in Las Vegas in January this year No.

Spotlight had planned to lease computers, called Kodak KashMiners, to people for a fee of $ 3,400 for a period of 24 months – and promised returns of $ 375 a month.

After making those promises of return, people found that the price of bitcoins would have to hit an average of $ 28,000 per coin in those two years. crying from the $ 6,700 bitcoin is trading today.

Meanwhile, Kodak announced in January plans for an initial coin offering (ICO) on the KodakOne platform, allowing people to record their work, license photographs and search the Internet for unauthorized use.

However, only a day before was set to start, Kodak delayed the launch of his cryptocurrency, citing the need to assess the status of potential investors.

The collapse of the bitcoin mining program with the Kodak brand is the last blow for cryptocurrency miners after a number of high-profile scandals this year, including Facebook ads advertising bitcoin systems and illict websites that hijack people's computers for mining power.

The price of bitcoin is currently at most for over a week CoinDesk

However, this development failed to erode the price of bitcoin, which is currently a maximum of seven days.

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