A basketball team will undermine cryptocurrency

This is a first in NBA history, and in the history of sport. The Sacramento Kings team will use servers in its own stadium to collect Ethereum and donate some of its profits to charity works ...

We remember that the Sacramento Kings inaugurated the first broadcast of a basketball game in virtual reality in 2016. As part of the MiningForGood initiative, the leaders of the California franchise decided to use the blockchain to contribute to the best -being of the sacramental community. The team will use servers hosted within its own compound, the Golden 1 Center. In order to undermine cryptocurrency in the form of Ethereum, these machines will have to perform complex transaction verification operations.

Part of the gains will be donated to various local associations, including Build Black Coalition, which trains young Afro-Americans in the city to the trades of information technology. The blockchain and virtual currencies sometimes have bad press because they are still unknown. They allow much more than speculating on bitcoins and other virtual currencies. Let's hope this kind of initiative inspires other teams around the world to contribute to the well-being of their community.