Published on July 12th, 2018 | by bitcoin0
Kodak KashMiner, the Bitcoin mining plan in the cloud that … never was.
But KodakOne/KodakCoin is very much an officially licensed initiative — Kodak speaks of it with some pride.
What I can’t find is any mention of the other — completely separate and unrelated — Kodak-branded cryptocurrency folly: the Kodak KashMiner, a foray into Bitcoin cloud mining scams.
Spotlite America has been a Kodak brand licensee since 2016 — they sell Kodak-branded LED lights and solar power equipment.
They spoke of installing the miners at Kodak in Rochester, New York, and running them off spare capacity from Kodak’s in-house coal-fired power plant.
And he told BuzzFeed:
“Kodak has multiple plans in the blockchain industry,” said Halston Mikail, an executive at Spotlite America, whose company licensed Kodak’s name for the bitcoin mining device.