Kodak seems to have taken its entry into the crypto market seriously. Just yesterday his plans to launch your own cryptocurrency. But it seems that the company is hungry since taking advantage of its presence at CES 2018 they have presented one more novelty. They have shown a Bitcoins mining machine. It reaches the market under the name of cashminer.
Although the presentation of this product comes wrapped in controversy. Not so much for the product itself, but because of Kodak's decision to take part of what is produced in the same. Since the user will have to give half of the profits to the company.
Kodak's Bitcoins miner is a reality
The machine has been developed by Kodak and Spotlite and they want to jump on the cryptocurrency fever and offer a machine built for that purpose. $ 24 is paid for a 3.400-month contract. In these two years it is assumed that create $ 375 worth of Bitcoins every month. Although the calculations have been made taking into account that the value of the coin was 14.000 dollars. So according to Kodak's calculations, in about two years you generate about $ 9.000.
Each month they will be entered into a joint Coinbase account and the user loses half of what they generate. Since the company takes it. In addition, they comment that this miner consumes the same as a connected dryer all day.
According to the company, there are currently a total of 80 miners, but that in a few weeks will amount to 300 because the demand there is great. So it looks like it could become a hit on the market. Although we will have to see how it evolves. What they have commented is that the consumption is lower than other computers that have been designed for the same purpose.
In the networks the opinions about this Kodak miner are mixed. Since while many see the usefulness of the product, the company's decision to keeping half is not well received. In addition, the company's calculations are not to the liking of users either. Since there is no guarantee that Bitcoin will remain at $ 14.000 over two years.
Ultimately, there are many unknowns, so it will be necessary to see how this product evolves in the market.