Kodak's "Fake" Bitcoin Miner Retracted

A Kodak-branded bitcoin mining device has been removed from shelves after months of controversy. Kodak KashMinerThe company that produced confirmed that it could not obtain the necessary permits and was closed.

KashMiner, which was shown at CES 2018 earlier in the year, created a stir, but there were question marks about the manufacturer of the device.fraud" had aroused suspicions. Kodak, in a new statement, said that the device was not licensed from the beginning and that it did not use such a device. An official from Kodak said in a statement to the BBC:

"You saw the devices of Spotlite, the owner of our license, at CES, but KashMiner is not a product that carries the Kodak brand license. These devices were not used in our headquarters building."

Spotlite USA was planning to charge $3,400 from those who wanted to rent KashMiner and keep some of the mined bitcoins for itself. According to the company's claim, this will give the person who purchases the membership a two-year bitcoin mining fee. $375 per month It would provide an income.

Spotlite CEO Halston Mikail said his company failed to obtain the necessary permits from the US Security and Exchange Commission (SEC) for mining. The company, which has given up renting capacity to consumers, now plans to run its mining business in Iceland for its own private purposes.