Blockchain Wallet faced database error

The huge amount of users are facing the problem of using Blockchain Wallet not being able to log in and seeing Cluster Failure error
20 November 2017   854

The members of the crypto community who hold their crypto assets in Blockchain Wallet had some problems while using the application, most of them tried to log in on a browser or iOs app and failed, and some users saw their balance showing zero and the account showing loading sign for a long time and not displaying any detalis. 

reddit.com users comments towards blockchain wallet errorReddi.com users comments towards Blockchain Wallet error

Some users stated that the application started to work but when it did, there appeared a message that the error happened and then the application force closed before the users had a chance to read the error message itself.

Blockchain Wallet error screenshotBlockchain Wallet error screenshot

The Blockchain company commented upon the issue stating that they are aware of the issue, which is an outage of Blockchain Wallet internal database, impacting the site and services, and are currently working to resolve it. The users were offered to monitor the status of the products and services on Blockchain Status page.

At present time Blockchain Wallet representatives claim that they do not have an ETA as to when the problem will be resolved.

'Kodak Miner' Turned Out to be a Scam

KashMiner by Spotlite USA was promoted as Kodak branded bitcoin miner 
17 July 2018   137

The KashMiner bitcoin miner, exhibited at the Kodak stand during the CES technology show in Las Vegas, was in fact a product designed to mislead potential consumers and with a potentially unattainable potential return. This is reported by BBC.

Spotlite USA is licensed by Kodak's lighting division, which allows it to use the famous brand in its products. In January 2018 the company introduced its miner and announced that it intends to lease it. According to its business plan, potential users had to pay a commission before getting the device. It was expected that after depositing $ 3,400, the customer will receive a device that will allow him to easily cover expenses and receive revenue from bitcoin mining.

However the company did not have an official Kodak license to use the brand in the production of mining equipment and initially overstated the indicators of the potential profit of its device, refusing to take into account the growing complexity and costs of bitcoin mining. The advertising materials reported that KashMiner brings $ 375 a month, which, subject to a 2-year contract, would allow the client to receive $ 5,600 of profit after paying a commission. Experts from the industry of cryptocurrency call this offer a scam.

There is no way your magical Kodak miner will make the same $375 every month.
 

Saifedean Ammous

Economist

CEO Spotlite USA Halston Mikail previously reported that he plans to install hundreds of miners at the headquarters of Kodak. According to him, he already managed to place 80 miners there, but the Kodak spokesman denied this information.

While you saw units at CES from our licensee Spotlite, the KashMiner is not a Kodak brand licensed product. Units were not installed at our headquarters.
 

Kodak Spokesman

In a phone call with the BBC, Spotlite's Halston Mikail said the US Securities and Exchange Commission (SEC) had prevented the scheme from going ahead.