I have some pretty interesting news for our readers today.
Sources say that Norton 360 AntiVirus is launching a new Ethereum mining feature which will allow its users to mine the second largest crypto currency.
In addition to the Ethereum mining feature, the platform will also have a crypto wallet built right in.
Norton claims that its platform will deliver a much safer crypto mining experience, as the traditional route leaves one open to ransomware attacks.
Trending: Hong Kong Is Cracking Down On Crypto
We have yet to see how the platform will perform, but be sure to keep your eyes peeled out for this one; especially, if you are already an existing Norton 360 user.
Here’s more on the newly announced features:
Norton360 antivirus tool will allow its 13 million customers to mine Ethereum https://t.co/ykbqoNQudU #Ethminer #Norton #NortonLifeLock
— Crypto Mak 🌐 (@crypto__mak) June 3, 2021
Finally a compelling reason to advocate deploying Norton to enterprise environments.https://t.co/wZEFdvSKaE
— Cyberdyne Vulpine #BLM (@EmberFoxie) June 3, 2021
Crypto News reported:
A new product titled Norton Crypto promises to deliver a new way for everyone to mine Ethereum. It will come together will Norton Crypto Wallet that will be stored in the cloud as a protection against hard drive failure, the company said.
Norton Crypto product is expected to become available to all Norton 360 customers in the coming weeks. Select customers in the early adopter program start being invited today. Either way, the customers may require “certain PC hardware” to use this service, said the company.
Norton argued that many miners often have to take risks in order to earn crypto, including but not limited to disabling their computer security and allow running unvetted code on their machines that could be “skimming from their earnings or even planting ransomware.”
Besides, the earnings from mining activities are often stored on hard drives, where digital wallets may be easily compromised or lost due to hardware failure.
CNN Business had more:
“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,” said Gagan Singh, chief product officer at NortonLifeLock, in the press release.
“With Norton Crypto, our customers can mine for cryptocurrency with just a few clicks, avoiding many barriers to entry in the cryptocurrency ecosystem,” Singh added.
The timing of the news comes at a tumultuous time for the world of cryptocurrency investing. Bitcoin, ethereum and other major cryptos suffered their biggest monthly drop in nearly a decade in May.
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