Google CEO, Sundar Pichai and co-founder Sergey Brin, have so much in common. Both billionaires have young crypto enthusiast sons who mine Ethereum.
Ethereum (ETH) Price Today – ETH / USD
Pichai said his son mines Ethereum from home using a computer he built himself. He told the audience at that New York Times DealBook Conference while discussing tech addiction as well as the need to limit screen time for kids.
“Last week I was at dinner with my son, and I was talking about something about bitcoin and my son clarified what I was talking about was Ethereum, which is slightly different… He’s 11 years old, and he told me he’s mining it.”
Pichai was asked if he developed a server to assist his son with mining. He said no and contended that there was only one computer in their home.
Explaining how paper money works
The tech billionaire said his son knows more about cryptocurrencies than he does about regular money. He had to explain the intricacies of paper money.
“I had [to] explain to him how paper money actually works… I realized he understood ethereum better than how paper money works. I had to talk to him about the banking system, the importance of it. It was a good conversation.”
A couple of months ago, the co-founder of Google, Sergey Brin told the media that he mines ETH with his son.
In July 2018, Google co-founder Sergey Brin revealed that he mines Ethereum with his son.
At the Blockchain summit held in Morocco, Brin revealed that he mines crypto with his son. He said,
“A year or two ago, my son insisted that we needed to get a gaming PC… I told him, ‘Okay if we get a gaming PC, we have to mine cryptocurrency. So we set up an Ethereum miner on there.”
Brin’s net worth is over $47 billion. The billionaire casually laughs as he reveals that he and his son made some money while mining crypto.
The tech renaissance
Brin believes that we are in a tech renaissance. He credited ETH mining with taking the lead in the recent computing boom that drives a technology renaissance.
He revealed that it is an exciting time where users can see applications across all segments of modern society. This information was passed to investors in an enthusiastic letter.
Brin also added that there are so many factors that control the boom of computing. The first is the steady hum of Moore’s Law and the second is the demand, stemming from advanced gaming graphics. It also includes GPU-friendly proof of work algorithms found in some leading cryptos such as Ethereum.