NBA Charity Mining
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.
“21st century communal fireplace.”
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.
Workforce Education 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.
Instant Crypto Credit Lines™ from only 5.9% APR. Earn up to 8% interest per year on your Stablecoins, USD, EUR & GBP. $100 million custodial insurance.
Buy Bitcoin now:
Buy Bitcoin, sell Bitcoin or trade Bitcoin. It can be easy!
This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission - but the prices do not change for you! :)
Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.
Currently we are not recommending trading at eToro. A better alternative is Coinbase. However, for old articles please refer to the general risk disclosure on eToro. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. 76% of retail accounts lose money when trading CFDs from this provider.