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  9029] and illict websites hijack people's computers for mining power.
However, this development has not affected the price of bitcoin, which is currently a maximum of seven days.