Norton has added a cryptocurrency mining feature to its
antivirus software. Users will be able to mine ethereum while their
computers are idle. Miners can track and transfer their crypto earnings
into their Norton Crypto Wallet.
Antivirus Software Can Mine Crypto
Nortonlifelock (NASDAQ: NLOK), a global cybersecurity company,
announced Wednesday the launch of Norton Crypto, a cryptocurrency mining
feature on the Norton 360 platform. The company explained:
Norton Crypto delivers a secure, reliable way for
consumers to mine for ethereum … Once cryptocurrency has been earned,
customers can track and transfer earnings into their Norton Crypto
Wallet, which is stored in the cloud so it cannot be lost due to hard
drive failure.
According to Norton Crypto’s terms and conditions, the crypto feature
“allows you to use your personal computer’s computation power for
low-volume cryptocurrency mining while maintaining the high level of
protection provided by your subscription.” The mining software will run
whenever the computer is idle.
“We will periodically transfer your allocation of crypto, if any, to a
digital wallet that we create for you,” Norton explained. “Each of
these transfers (commonly known as ‘payouts’) is subject to our fee for
providing the Norton Crypto mining software. Our fee is currently 15% of
the crypto transferred to you.” Norton owns and operates its own mining
pool.
Vincent Pilette, CEO of Nortonlifelock, commented: “As the crypto
economy continues to become a more important part of our customers’
lives, we want to empower them to mine cryptocurrency with Norton.”
Gagan Singh, chief product officer at Nortonlifelock, opined:
We are proud to be the first consumer cyber safety
company to offer coinminers the ability to safely and easily turn the
idle time on their PCs into an opportunity to earn digital currency.
The company further clarified that from Thursday, “Select Norton 360
customers in Norton’s early adopter program will be invited to mine for
ethereum,” adding that “Norton Crypto is expected to become available to
all Norton 360 customers in the coming weeks.”
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