NBA Charity Mining is now coming to the Sacramento Kings’ arena. They will be the first major sports team to mine cryptocurrencies, using profits from the process as donations to charity.
Recently the Kings became one of the first major sport teams to utilize solar power for their arena. They are now stepping up their technological process with cryptocurrencies. On Wednesday they announced a partnership with MiningStore to become the first sports team in the world to mine digital currency. This comes as no surprise, as it was back in 2014 that the Kings became the first sports team in the world to accept Bitcoin.
The team will install cryptocurrency mining machines at Golden 1 Center, which is more than just a sports complex, but what the Kings consider to be the “21st century communal fireplace.” The 100% solar-powered arena plays host to the only Tier-4 data center in a professional sports arena.
MiningStore’s “Imperium” model machines will be able to mine Ethereum, and resulting in proceeds that go directly back to the development and growth of MiningForGood and Build. Black. programs.
The MiningForGood Grant provides for an educated, 21st century workforce. The Kings recently partnered with Build Black in efforts to help support employee development and technology education programs in Sacramento.
Raising The Bar On Fan Experience
“We have always pushed the envelope when it comes to innovation. We were the first team to utilize Twitter, to utilize Google Glass for home-games, and drone technology. But, it wasn’t until we opened our arena, the Golden 1 Center, that fans and the NBA saw how we could utilize technology and innovation, making it a core component of our business.” – Ryan Montoya King’s CTO
The Kings have created the blueprint to building an arena centered and powered by technology. Injecting their organization with blockchain technology allows them to deliver one of the best fan experiences around.
