Back to the Sports Tech Newsfeed

Houston Rockets Ink Sponsorship Deal With Chinese Cryptocurrency Firm AntPool

Carlos Boozer of the Utah Jazz attempts a jumper over the hands of Yao Ming of the Houston Rockets in the first quarter during Game Six of the 2007 Western Conference Quarterfinals. (Photo by Harry How/Getty Images)

AntPool, a Chinese bitcoin mining company, has been named an official sponsor of the Houston Rockets for the 2018/19 season. As part of the partnership, AntPool is building an exhibition inside the Toyota Center, scheduled to launch on Jan. 19.

AntPool claims to be the second-largest bitcoin mining operation in the world. The company is a subsidiary of Beijing-based Bitmain Technologies, a bitcoin mining company that reportedly generated $3-4 billion in profit in 2017.