Rent bitcoin miners through Kodak

— MARIA: I DON'T KNOW HOW IT WORKS >> TELL US WHERE IS THE MONEY, YOU KNOW, WHO IS GETTING PAID AND WHO GETS THE BENEFIT, DOES KODAK GET A LOT OUT OF THIS OR >> UNDERSTAND THERE'S TWO WITH PHOTOGRAPHERS HAVE MORE CONTROL OVER CREATIVE WORK AND WHEN A PHOTO IS USED, THE TECHNOLOGY OF THE BLOCK CHAIN ALLOWS FOR GREATER TRANSPARENCY ABOUT WHERE THINGS ARE, THE EQUIPMENT, ESSENTIALLY RENT IT FOR TWO YEARS WILL HAVE TO SHARE A MONTH BUT THE TRUTH IS THAT MINING GETS MORE DIFFICULT OVER TIME

REMEMBER LONG ISLAND ICE TEA CHANGED ITS NAME — >> BLOCK CHAIN >> BLOCK CHAIN TO TRY TO MAKE MONEY IT'S DIFFERENT THIS IS BASED IN SOMETHING REAL FOR THE TECHNOLOGY

>> ABSOLUTELY AND BITCOIN MINING IS A WAY — FUNDAMENTALLY TO CREATE A BITCOIN TRANSACTION, YOU NEED MINING, ANOTHER PARTY WHO IS COMPETING FOR A REWARD IN BITCOIN TO ACTUALLY PROCESS THAT TRANSACTION NOW THE PROBLEM IS RIGHT NOW MORE THAN 1% OF ALL ELECTRICITY, DESPITE HOW SMALL A MARKET THIS IS IS CONSUMED BY BITCOIN ALREADY MARIA: WOW

>> WHAT HAPPENS IN THE FUTURE? DAGEN: I WAS GOING TO SAY THAT'S ONE OF THE THINGS PEOPLE — CRYPTO CURRENCY SKEPTICS ARE CALLING FOR PEOPLE ON THE LEFT WHO ARE UP IN ARMS ABOUT GLOBAL WARMING AND CLIMATE CHANGE WHERE ARE THEY ON THIS ISSUE THAT ULTIMATELY THAT CRYPTO CURRENCY >> ON A PERSONAL LEVEL, IF YOU'RE RENTING THE MINING EQUIPMENT, WHO IS PAYING YOUR ONE OF THE BENEFITS THE PHOTOGRAPHER NOW HAS A DOCUMENTED COPY RIGHT OF THEIR PHOTO, THAT'S A BIG THING, A LOT OF THESE ARE BEING USED IN THE USE, A LOT OF LAWSUITS, THIS WILL HELP THE PHOTOGRAPHER BE >> BLOCK CHAIN IS NOT JUST ABOUT CURRENCY OR EXCHANGE, IT'S ABOUT REVOLUTIONIZED DEMOCRACY,

Source: Youtube