Norton360 antivirus tool will allow 13 million customers to mine Ethereum
NortonLifeLock, a cybersecurity firm, has launched a tool called Norton Crypto, which allows consumers to mine cryptocurrency safely through its Norton 360 product.
The company has selected some users to join Norton’s early adopter program for Ethereum mining. Norton also plans to open up the mining service to all of its nearly 13 million 360 customers in the coming months. Norton emphasized that its service allows users to mine without requiring they switch off their antivirus software.
While speaking to CNN Business, Norton stated it plans to support mining of other top cryptos that allow our members to get the highest reward for their computing capacity.
“While the company will start slow, with a focus on helping customers safely mine Ethereum, NortonLifeLock is considering adding reputable crypto currencies in the future.”
Vincent Pilette, NortonLifeLock’s chief product officer, expressed pride in his firm as becoming the first cybersecurity company offering services allowing miners “to safely and easily turn the idle time on their PCs into an opportunity to earn digital currency.”
The cybersecurity company claims to offer superior security features to existing mining protocols.
“For years, many coinminers have had to take risks in their quest for cryptocurrency, disabling their security in order to run coin mining and allowing unvetted code on their machines that could be skimming from their earnings or even planting ransomware”, stated the company.
Norton explains that miners using its product will receive crypto earnings into Norton’s cloud-based wallet, averting risks of the wallet being lost to a hard drive failure.
However, the company’s claim that existing mining solutions are not vetted appears flawed, as the popular mining software Ethminer having received contributions from 99 different developers since December 2013.