Company Spotlite USA, developer of the bitcoin miner KashMiner never received a license to use the Kodak brand to promote the new device. This was stated by the official representative of Kodak in comments to the BBC.

For the first time KashMiner under the Kodak brand, introduced in January this year at CES in Las Vegas. It was assumed that users will sign a contract for a two-year rental device ($3 400) and give Spotlite USA half of the mined bitcoins.

The terms of cooperation and promises considerable profit ($9000 over two years) immediately alerted the community and some even accused the company of fraud.

Note that the head Spotlite Halston, MikaL also announced plans to install hundreds of devices in the headquarters of Kodak, although the company about it, nothing was known.

“Have you seen the hardware at CES from our licensee Spotlite, but specifically KashMiner we are not licensed in the headquarters of any devices not set”, — emphasized in Kodak.

In a telephone conversation with the BBC, Mikel said that the Commission on securities and exchange Commission (SEC) has discontinued further development of the project according to plan.

According to him, now Spotlite will place your device in Iceland and will focus on private mining.

Recall, Kodak was heavily criticized for the fact that the brand was used to promote KashMiner and promises stable profits.

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