Moneycontrol PRO
HomeNewsBusinessCryptocurrencyGoogle co-founder Sergy Brin announces he mines cryptocurrency Ethereum

Google co-founder Sergy Brin announces he mines cryptocurrency Ethereum

Brin's admiration for cryptocurrencies comes even as Google, in March, announced a ban on cryptocurrency related advertising.

July 10, 2018 / 19:34 IST
Ethereum | Loss: $60 billion | ETH or ethereum started the year with a market cap over $74 billion. It touched a high of $135 billion in January. However, market-wide slump caused its value to reduce to slightly over $14 billion at the end of December.

Ethereum | Loss: $60 billion | ETH or ethereum started the year with a market cap over $74 billion. It touched a high of $135 billion in January. However, market-wide slump caused its value to reduce to slightly over $14 billion at the end of December.

-
Open Trading A/c
-
0 (0%)
Todays L/H
0
0

President of Google’s parent company Alphabet, Sergey Brin, has begun mining cryptocurrency Ethereum.

Speaking at the Blockchain Summit held in Morroco by Richard Branson, Brin announced that he is mining Ethereum with his 10-year old son.

Brin's admiration for cryptocurrencies comes even as Google, in March, announced a ban on cryptocurrency related advertising. The policy took effect in July.

According to a report in CCN, a letter was written by Sergey Brin to the investors in May, in which he gave credit to Ethereum mining, stating that it plays a central role in the recent “boom in computing” which in turn is helping drive a “technology renaissance”.

Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

Moneycontrol News
first published: Jul 10, 2018 07:34 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advertisement

Crypto Basket
Powered By Mudrex

Bitcoin
Current Price ₹ 10,518,479.60 1D returns 2.22%
Buy Now
Ethereum
Current Price ₹ 388,883.08 1D returns 3.39%
Buy Now
Ripple
Current Price ₹ 267.32 1D returns 1.19%
Buy Now
BNB
Current Price ₹ 94,520.80 1D returns 3.64%
Buy Now
Solana
Current Price ₹ 19,711.00 1D returns 2.56%
Buy Now
USD Coin
Current Price ₹ 91.94 1D returns -0.89%
Buy Now
BTC 50 :: ETH 50
1W returns0.89%
Invest Now
AI Tracker
1W returns-1.56%
Invest Now
DeFi Tracker
1W returns-1.70%
Invest Now
Web3 Tracker
1W returns-1.97%
Invest Now

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347