Slam Furnace

"'A slammin' jammin' furnace which processes ores for their value X the amount of they have been bounced by a Slam Pad.'"

Overview
The Slam Furnace is a basketball hoop with the furnace part being the hoop when you get the ore in there. Like the in-game description describes, the ore is processed based on how many times it has been upgraded by a slam pad which is the only way to get the ore into the hoop.

Trivia

 * This item could have been after memes of basketball players like Michael Jordan, LeBron James, anaven and even the april fool's prank.
 * This item is used to complete one of the tasks for Berezaa.