Finance
Google CEO Sundar Pichai’s son is mining for Ethereum
- At the New York Times DealBook conference on Thursday, Google
CEO Sundar Pichai said that his 11-year-old son was mining for
Ethereum on the family’s home PC. - Pichai explained that his son had to correct him recently,
saying: “I was talking about something about Bitcoin and my son
clarified what I was talking about was Ethereum.” - The Google CEO said he did have to explain to his son how
paper money works and why today’s current banking systems are
important. - In July, Google co-founder Sergey Brin said that he and his
son have been mining Ethereum too. - Thursday’s interview with Pichai came as thousands of Google
employees
around the world walked out in protest over
the company’s handling of sexual misconduct
allegations.
At the New York Times DealBook conference on Thursday, Google CEO
Sundar Pichai said that his 11-year-old son was mining for
Ethereum on the family’s home PC.
The revelation came as Pichai was asked about how he, a parent
living in Silicon Valley, thinks about screen time for his
children. A recent
New York Times article showed that parents living in Silicon
Valley and working in tech are often most concerned about excess
screen time and tech addiction among their children.
“I’m like every other parent I guess,” Pichai said. “I do test a
lot of gadgets at home so I have vulnerabilities in terms of how
my kids get access to stuff.”
Pichai then shared that his 11-year-old son had been mining the
cryptocurrency Ethereum.
“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,” Pichai
explains. “He’s 11 years old. And he told me he’s mining
it.”
Google’s CEO was asked if he had a server in his home to assist
in his son’s mining efforts, to which he explained his family
only had a simple computer, but it was one that Pichai built
himself.
Pichai did have to explain the nation’s paper money system to his
crypto-minded son.
“I had [to] more explain to him how paper money actually works. I
realized he understood Ethereum better than how paper money
works,” Pichai said. “I had to talk to him about the banking
system, the importance of it. It was a good conversation.”
Pichai’s 11-year-old son isn’t the only heir to a Google fortune
mining for cryptocurrencies.
At a blockchain conference hosted by Sir Richard Branson in
Morocco in July, Google cofounder
Sergey Brin said that he and his son have been mining
Ethereum as well.
“A year or two ago, my son insisted that we needed to get a
gaming PC,” Brin said. “I told him, ‘Okay, if we get a gaming PC,
we have to mine cryptocurrency. So we set up an Ethereum miner on
there, and we’ve made a few pennies, a few dollars since.”
Thursday’s interview with Pichai came as thousands of Google
employees around the world walked out in protest over
the company’s handling of sexual misconduct
allegations.
“This anger and frustration within the company — we all feel it,”
said Pichai when asked about the protests. “I feel it too.”
Get the latest Bitcoin price here.>>
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