The co-founder of Google, Sergey Brin, has started mining ether with his 10-year old son and is excited about the “Technological Renaissance” that is cryptocurrency. Unless you have been living under a stone for the past decade, Google has changed the way we search online, and now one of the forefathers of search engines is knighting cryptocurrency and is overflowing with his confidence for ethereum.
Sir Richard Branson hosted the fourth annual Blockchain Summit in Marrakech, Morocco in early July 2018 – which was by invite only. Sergey Brin was a member of a panel at the conference and discussed the future of blockchain technology in our everyday lives.
Brin said that he first became interested in blockchain technology when his son asked for a gaming PC.
“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 start mining cryptocurrency. So we set up an ethereum miner on there, and we’ve made a few pennies, a few dollars since.”
Brin is the latest figure to express his enthusiasm for cryptocurrency, one of the buzziest topics in tech thanks in part to the rise of bitcoin (and its subsequent fall). While bitcoin has captured mainstream attention, celebrities and companies alike have attempted to launch their own versions of cryptocurrencies, with mixed results.
Brin noted that although Google has been slow to adopt blockchain technology, he finds the potential of blockchain “extraordinary.” He added Google ‘failed to be on the bleeding edge’ of blockchain.
Ethereum has been making a massive name for itself over the past couple of years and is clearly the second largest blockchain in the world behind Bitcoin. While at the summit, Brin was asked if he and his son played the popular game, Cryptokitties, he did not answer, but he did mention that Zcash Zero Knowledge (ZK) was pretty much “mind-boggling”.
The revolutionary aspects of cryptocurrency and blockchain have tickled the senses of tech companies who have shown a massive interest in the technology. Even Facebook recently appointed a new head of blockchain, which shows you what is going on behind closed doors.
The social media giants might have banned crypto ads on their platform, but with a new man at the helm, we can expect to see that change very soon. Although bitcoin mining is now becoming more difficult, mining ether is becoming very popular at this moment in time.