Norton could soon bring in-built Ethereum mining to everyday laptops 🚨 This article is 4 years old...
Norton could soon bring in-built Ethereum mining to everyday laptops
Norton designs an easy-entry solution for prospective cryptocurrency miners.
2 min read
Updated: Jun. 4, 2021 at 6:12 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
NortonLifeLock announced the launch of Norton Crypto, a new feature fashioned for safe and easy Ethereum mining through its Norton 360 platform, as per a report today on tech publication Verge.
The Tempe-based cybersecurity software and services company designed the new feature for mining Ethereum, accompanied by the cloud-stored ‘Norton Crypto Wallet.’
Easy Entry
According to Vincent Pilette, CEO of NortonLifeLock, the company designed the mining feature in order to expand their cybersecurity platform while keeping up with “their customers’ ever-evolving digital lives.”
We are delighted to announce Norton Crypto – a new feature designed to enable consumers to safely and easily mine #cryptocurrency. Learn more: https://t.co/TfYMr0Drhv pic.twitter.com/DezzBfV0kC
— NortonLifeLock (@NortonLifelock) June 2, 2021
“With Norton Crypto, our customers can mine for cryptocurrency with just a few clicks, avoiding many barriers to entry in the cryptocurrency ecosystem,” said Gagan Singh, chief product officer at NortonLifeLock.
Norton Crypto promises their customers a secure solution for mining Ethereum, preventing exposure to “unvetted code on their machines that could be skimming from their earnings or even planting ransomware.”
The company went beyond just providing software that comes pre-installed. In order to make the entire process more entry-level friendly, Norton Crypto miners can transfer their mining profits into their Norton Crypto Wallet, stored in the cloud, thus eliminating the risks of any losses due to hard drive failure.
Plug n’ play solutions
“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, a brand they trust,” said Pilette.
The new cryptocurrency mining feature will be available only to a small group of customers but the company hopes to reach all of its nearly 13 million Norton 360 users in the coming months. While their announcement only named Ethereum, the company disclosed to CNN it was considering other “reputable cryptocurrencies.”
More companies are launching easy entry-level solutions for prospect miners, making it too convenient not to raise some suspicion about the actual profits. But one thing seems certain, diverse developments in crypto mining infrastructure will be powering adoption.
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Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).