So Kodak have announced that they will be:
- Renting out mining rigs to the piblic!
- Creating its own Coin!
- Workin with Wenn Media Group!
They plan to have around 400 miners to rent out to public, starting with and upfront fee for a fixed term of 12 - 24 Months.
The coin is going to be designed I take it by Wenn Media Group, and will help identify the owners of Photos etc... Cant wait to see how!
I am sure they will mention much more in the weeks to come!
See below to see how their share price has gone through the roof since the announcement peaking at just over $12!
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Interesting to see the trend of more and more large companies adopting and researching blockchain technologies. I think that blockchains will play a part in nearly all technology in ~10 years time.
Yes I agree! At the moment everything is just going crypto!
Looking at the big picture kodak has been in decline for some time:
Even so I can't deny how insane this looks. Investors really poured into Kodak starting at noon:
This jump directly coincides with when the news was released:
https://www.businesswire.com/news/home/20180109006183/en/KODAK-WENN-Digital-Partner-Launch-Major-Blockchain
Sounds like its time to write a bot that listens for large companies preparing to make an ICO!
True say, It was directly related with the news, they have been slowly declining as you said for ages! when you write the bot be sure to bring me in!
Are the miners they are renting out made to mine Kodakcoin?
No Bitcoin!! :o