Back in January 2018, Spotlite USA showcased a new Bitcoin miner called the Kashminer.
The company also claimed that it was a licensee of camera maker Kodak. But now, Spotlite has officially halted operations and has since denied any ties to the brand.
But what’s going on?
Spotlite: Bad Business or Scam?There were two major signs that the KashMiner was either some kind of scam or a badly thought-out business scheme.
The first was a business model which offered very little return for its investors; Spotlite was offering 2-year ...
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
This post first appeared on CryptoCurrency News | Breaking Crypto News, Prices & Analysis, please read the originial post: here