Sacramento Kings MiningStore Case Study
The Sacramento Kings are no stranger to innovation. The team installed solar panels on Golden 1 Center to offset power needs on game day and give back to the local grid on non-game days. They were also among the first major sports teams to accept Bitcoin as payment for tickets and merchandise.
In 2018, the team wanted to leverage their solar power, on-site data center, and high-speed connectivity to do more for the local community. After a meeting with MiningStore, the solution became clear: putting these assets to work for mining cryptocurrency would generate value in the form of mining rewards.
An Inside Look
The Goal
Leverage the team's existing on-site solar power, high-speed connectivity, and reputation for innovation to generate value for the local community through a new technology initiative.
The Approach
MiningStore engineers defined a server configuration to tap directly into the Kings' existing solar-offset power and data center infrastructure. The solution utilized 8 GPU rigs to mine Ethereum around the clock, turning stranded energy assets into digital rewards.
Project Success
The Sacramento Kings became the first NBA team to mine cryptocurrency, further solidifying their status as an innovative sports franchise. The resulting mining rewards are directed to local tech-oriented charities, directly benefiting the Sacramento community.
Media Coverage
