a partnership with the crypto mining hardware company MiningStore to install Ethereum mining machines in their stadium with the express goal of raising money for scholarships for workforce development and technology education programs in the Sacramento area–officially becoming the first sporting organization to mine cryptocurrency in a philanthropic effort. \u00a0<\/span><\/p>\nAs the crypto markets continue to reel from a massive selloff occurring mid-week, Ethereum in particular is struggling to recover from the sudden downturn. The valuation of Ether has been under heavy attack as more analysts and investors comment upon the sinking value of ICOs and the push to develop on the ERC-20 token. While Ethereum managed to hit an all time high of $1400 in mid-January, the price has since eroded with most of the market throughout the ongoing bear cycle of 2018. Yesterday, Ether dipped below $200 for the first time in a year, constituting greater concern for investors that the promising cryptocurrency platform is not reflecting in the price of ETH.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum (ETH)–Despite the tanking price of Ether over the weekend, the second largest cryptocurrency by market capitalization can count on one positive development towards adoption coming out of a major U.S. sporting enterprise. The L.A. Dodgers, a National League team for U.S. Major League Baseball and just one year out from competing in the World Series has announced their intention to hold a token giveaway using the popular ERC-20 platform established by Ethereum. As opposed to producing a currency made […]<\/p>\n","protected":false},"author":31,"featured_media":19829,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4258,4257,4251,4252,4249,4256,4250,4261,1322,6987,4262,213,2663,4259],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/19828"}],"collection":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=19828"}],"version-history":[{"count":0,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/19828\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/media\/19829"}],"wp:attachment":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=19828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=19828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=19828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}