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NBA Houston Rockets in crypto deal

NBA Houston Rockets
AntPool, owned by Bitmain, announced that next season they would be an official partner of the NBA Houston Rockets basketball team. Last year Frost & Sullivan estimated Bitmain had a 67% market share in bitcoin mining hardware. They also own or influence mining pools that control more than 42% of Bitcoin’s hashing power. China-based Bitmain plans to base its US expansion in Houston. Plus the Rockets are the most popular NBA team in China. That’s in part because Yao Ming a national sports star played for Houston Rockets for many years. In the Facebook statement, Haijiao Li, AntPool Overseas Operations Manager said: “As far as professional sports teams go, the Houston Rockets are legendary across the globe and what better way to continue the momentum of our U.S. expansion than partnering with the prolific Houston Rockets basketball club, the No. 1 team in China.”

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