Kodak debuts as mining hardware manufacturer

The Kodak company is going to produce devices for bitcoin mining. The Kodak KashMiner was on display yesterday at the CES tech trade show in Las Vegas.

The idea of ​​the project is to rent such equipment to consumers for a certain period. The cost of leasing the device for 2 years will be $3,400. Spotlite claims that at the current price of bitcoin, miners will receive $375 every month. But the agreement with Kodak stipulates that after a two-year period the licensee will receive only half of the income. 

As one would expect, after Kodak emerged from bankruptcy, the decision to manufacture mining rigs, along with plans to create a new cryptocurrency, attracted a lot of criticism. But, according to Google, the current price of shares of this company is more than $10 per share, while at the beginning of the week it barely exceeded $3.

Oddly enough, mining equipment from Kodak has some similarities with the S9 miner from the Chinese manufacturer Bitmain. And some commentators on social networks have noticed certain similarities in the design.

Kodak and Spotlite report that customers are lining up to sponsor their production. A Spotlite spokesperson told the BBC that the company is already seeing huge demand for miners today and that it will be increasing its production capacity. 

According to https://www.coindesk.com