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Wait, It Turns Out KodakCoin Is Not the Only Crypto Trick Kodak Has Up Its Sleeve

Gizmodo --------- Camera manufacturer Kodak—whose stock was previously hovering around $3.10 a share—announced that it was forming its own cryptocurrency, an ambiguously blockchain-based project called “KodakCoin.” As has happened with a number of smaller stocks, Kodak’s stock immediately skyrocketed as soon as the words “blockchain” left its lips. What was already dumb has gotten dumber. Apparently KodakCoin, which the company pitched as a form of token “inside the new blockchain-powered KodakOne rights management platform,” is not the only component of the company’s dubious pivot to blockchain. In the CES shuffle we missed that Kodak, which again is ostensibly a camera manufacturer, also announced on Tuesday that it will be leasing out Bitcoin miners called the “KashMiner.”To learn more click on the picture below to read the article.

Wait, It Turns Out KodakCoin Is Not the Only Crypto Trick Kodak Has Up Its Sleeve - Read More from Gizmodo

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