Kodak shares skyrocket after announcing new cryptocurrency product

in dtube •  7 years ago 

So let me get this straight: you get to pay them $3,400 for the privilege of burning up your electric bill, and they get to take half of your bitcoin? (Source)

For half that cost, you could just build your own rig and mine alt coins! It is pretty neat that they're using cryptocurrency as a way for artists to enforce their intellectual property. It's just another proof of concept for the blockchain.

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I thought I read they going to create a new coin called KodakCoin

So I dont think it is Bitcoin. KodakCoin must have some feature to preserve ownership of digital photo property and perhaps a way to transfer rights as well.....

Very good and share @evan-koser

sometime is best just mining in the cloud

Nice! I give you UP