Three points: Bitmain pool became a sponsor of basketball team Houston Rockets

The world’s largest mining-pool AntPool, owned by Chinese Internet giant Bitmain, has signed a contract for official sponsorship with a basketball Houston Rockets from the top division in the NBA. This writes the CCN.

The agreement States that the sponsorship will be implemented in Bitcoin Cash. This is the first time when the cryptocurrency the company is sponsoring a sports team such class and for the first time this happens in bitcoin, the newspaper notes.

Cryptophane invest in sport

The contract is for the 2018-2019 season, his amount was not disclosed. Houston Rockets plays in the southwest division of the Western conference, the team was founded in 1967.

In the summer the two clubs the Premier League, team NewCastle United and Cardiff City, announced the intention to hold the ICO in partnership with blockchain startup SportyCo. Therefore, the clubs are committed to resolving the financial difficulties associated with the departure of major sponsorov.

Informed pool AntPool accused in the use of the method of mining AsicBoost. The latter increases the efficiency of mining Bitcoins 20 percent, but it hurts the first blockchain cryptocurrencies. Then the pool got the block 540032 due to vulnerabilities in the Proof of Work consensus, which underpins the Bitcoin blockchain. Before that Bitmain received a patent for a system that improves the efficiency of mining due to this error.

Also Bitmain has been accused of using vulnerabilities in new devices before they are released to the market to their advantage. One of the first was the technical Director Blockstream Greg Maxwell. In response to his claim, the company said, it never used the technology in the core network of the Bitcoin, but only in testnet.

Cryptocurrency appears the sport is not for the first time. Today we learned about the distribution of unique collectible tokens, fans of a baseball team. The blockchain is perfect for the role of the guarantor of the uniqueness of the items.

What does Batmanu was formed? Feel free to share them in cryptodata of hontarov.


Leave a Reply

Your email address will not be published. Required fields are marked *