The Sacramento Kings Will Mine Cryptocurrency
June 28 2018 - 1:12PM
ADVFN Crypto NewsWire
Bitcoin Global News (BGN)
June 28, 2018 -- ADVFN Crypto NewsWire -- Recently the Kings
become one of the first major sport teams to utilize solar power
for their arena. They are no 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
workforce development and technology education programs in
Sacramento.
“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.
By: BGN Editorial Staff
News:
Sacramento
Kings
Cryptocurrency
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