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Mining for Good Initiative

Mining for Good Initiative

MiningStore believes that cryptocurrency mining should be available to everyone. We also understand that mining requires some technical knowledge (or the pros at MiningStore can handle it) and capital. For these reasons, MiningStore partnered with the NBA’s Sacramento Kings to create the MiningForGood Initiative!

We know what you’re probably thinking… cryptocurrency mining and an NBA team! What a strange combination! While it definitely isn’t your typical collaboration… let’s get real here, it’s crypto, nothing is truly “conventional”. But, the Kings are also far from your average NBA team and have been a continuous leader in adopting new technology to bring about social change.

They were the first professional sports team to accept Bitcoin, they’ve used virtual reality to bring students in India courtside to a game, and they reside in the first arena in the world to be awarded a LEED Platinum status which is powered entirely by solar energy.

Running deep within the Golden 1 Center, the home of the Sacramento Kings, you’ll find four of our Imperium cryptocurrency mining rigs creating Ethereum for a multi-year scholarship fund. The fund will support Sacramento based causes starting with the Build. Black. Coalition – a group of Sacramento community leaders organized to support transformational change for Black communities in Sacramento.

MiningStores’ CEO, John Paul Baric had this to say about the collaboration…  “The Sacramento Kings are pioneers in exploring cryptocurrency and its potential impact. We’re thrilled to partner with a forward-thinking organization that looks for ways to create positive change – through technology or sports.”

“Opportunity begins when technology allows the world to find innovative solutions to complex problems,” said Sacramento Kings Owner and Chairman Vivek Ranadivé. “Through MiningForGood, not only will we raise funds to help with workforce development and training, we aim to inspire the next generation of tinkerers and thinkers to create change in their own community and around the globe.”

We think it’s important that cryptocurrency mining represents more than just the returns it can provide. Cryptocurrency was created to allow anyone access to a financial system, no matter their age, race, gender, where they live or what their situation is. With the passion and support from the Sacramento Kings, MiningStore hopes to continue to the advancement of this technology that will truly change the world for all.

To read more on the story check out the official article from Forbes…