Published on : 2017-05-04 14:17:51

The news, unveiled at CES 2018 on Wednesday, goes down as one of the strangest stories yet in a month that’s been filled with crypto oddities. Kodak, Meet Crypto The news that the Eastman Kodak Company, founded in 1888, was jumping on the cryptocurrency bandwagon should have come as a total shock. Do you think Kodak’s entry into the cryptocurrency market is insanity or inspired.  Let us know in the comments section below. But what to make of the company’s foray into cryptocurrency mining. The Kodak branded miners will be leased to customers, who will be expected to pay upfront for the mining capacity.

The miners it demoed appear to be Bitmain mining rigs with a Kodak sticker appended, suggesting that the whole scheme may have been hastily cobbled together. Mining for Headlines To show its support for its new mining operation, Kodak announced plans to install a rig in its New York headquarters. Reinventing itself as a cryptocurrency mining firm into the bargain though is a curveball that no one saw coming. Use Bitcoin Bitcoin makes it easy to send real money quickly to anywhere in the world. “From a fundamental point of view, none of this makes sense. Download a Wallet Bitcoin is received, stored, and sent using software known as a ‘Bitcoin Wallet’.

The tokenized project the company are launching, for what it’s worth, sounds like a Shutterstock copy, with added permissions. But to the chagrin of the other exhibitors at CES on Wednesday, Kodak stole the show. Images courtesy of Shutterstock, and Kodak.BitcoinDark.
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