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Yahoo Finance
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The Sacramento Kings are now mining ethereum, the team announced on Wednesday. The team began mining the cryptocurrency three weeks ago using Nvidia mining rigs purchased from MiningStore.com, and is now ready to launch a charitable program, Mining For Good, that will give the majority of the ether to a local community group, Build Black, to sell or hold the ether as it chooses. Like bitcoin, ether runs on a blockchain, a peer-to-peer, public, immutable ledger that records all ether transactions.
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