Fedoracoin to Release Linux Tipscoin Wallet Update

Fedoracoin has announced that Linux Tipscoin wallet update will be released on April 10
31 March 2018   396

Fedoracoin is a digitally based peer-to-peer cryptocurrency, which uses public-key cryptography which operates on a decentralized network of computers. Fedoracoin is based on Dogecoin with parts from StableCoin, which means that it processes transactions more quickly, more fedoracoins will be created, and they can be mined, or created, more efficiently by CPUs and GPUs rather than specialized equipment.

Fedora Tips is engineered for small value crypto transacting. On March 24 Fedoracoin has announced that Linux Tipscoin wallet update will be released soon. The work on the upgraded FedoraTips Linux wallet has progressed ahead of schedule, and the originally planned release was meant to occur on May 2, but the Fedora Linux wallet will now be ready by April 10, which is a good news to all the users who have been waiting for the update.

Moreover, the team will be gradually publishing an in depth discussion of their technical strategy and roadmap during the first week of April 2018. At the moment of press, these are main market parameters of FedoraCoin:

Average price: $0,000018
Marketcap: $3 794 196
24h volume: $3 794 196

'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.