According to the latest news, NortonLifelock has added the ability to mine Ethereum cryptocurrency directly within its Norton 360 antivirus program to allow consumers to safely mine cryptocurrency.
The name of this new mining feature is ‘Norton Crypto’. From Thursday, select 360 users will join Norton’s early adopter program for Ethereum mining. Norton also plans to open up the mining service to all of its approximately 13 million 360 customers in the following months. Norton announced that its service enables users to mine without asking them to switch off their antivirus software.
After enabling Norton Crypto, the software will use the device’s graphics card (GPU) in order to mine for Ethereum. Remarkably, it will transferre into a Norton wallet in the cloud.
Norton states this offers a safe way for PC users to become miners without installing sketchy software on their PCs. Notably, earnings are stored safely in the Norton Crypto Wallet in the cloud where they cannot be lost due to hard drive failure.
Users will likely be pooled together for bigger chances of mining a block
As we know, the difficulty of mining Ethereum by yourself is very high. Therefore, Norton users will likely be pooled together for greater chances of mining a block. If Norton is operating a pool for this new feature, they may receive a small fee for all mined Ethereum. Remarkably, it is making this new feature a revenue generator for the firm.
According to Vincent Pilette, CEO of NortonLifeLock, the crypto economy becomes a more critical part of customers’ lives. They want to empower them to mine cryptocurrency with Norton, a brand they trust. Pilette added that Norton Crypto is great example of expanding the Cyber Safety platform to protect users’ ever-evolving digital lives.
Gagan Singh, chief product officer at NortonLifeLock, announced that coin miners proud to be the first consumer Cyber Safety company to offer coinminers the ability to safely and easily earn digital currency.