- Norton 360 antivirus will let you mine Ethereum
- This feature Is known as Norton Crypto
- Norton Crypto is available to a small group of customers but will expand throughout all Norton 360 users in the future
In one of the most surprising news as of recently, one of the world’s most well-known antivirus software makers out there Is adding cryptocurrency mining to one of its products.
In fact, they announced that Norton 360 customers will have access to an Ethereum mining feature throughout the following weeks, where a select, small group of customers will initially gain access to it, but over the following months, it should be fully rolled out to just about every user.
Ethereum is the world’s second-largest cryptocurrency and has the value to back up that claim. Its network is used for thousands of altcoins, and its smart contract functionality has proven useful within the cryptocurrency world.
When it comes to mining cryptocurrencies, what your computer essentially needs to do is use its hardware, which in most cases will be the GPU (graphics processing unit) to solve complex calculations in exchange for a reward. This reward, in the case of the Ethereum network, will be its native token known as ETHER.
At this point in time, it is not quite clear as to what the business model for this Norton Crypto feature will actually end up being like, however, the idea is probably that Norton will take a cut of all of the currencies mined. After all, Norton is a business, and every move they make should be profitable for them so they can carry on with their innovation.
The company actually pitched this idea as a safe as well as an easy way to get started into the world of cryptocurrency mining, which will become an important part of their customer’s lives from this point onward.
If we look at their press release, Norton LifeLock said that for years, many coin miners have had to take risks in their mission for cryptocurrency. What they implied by this is the fact that they had to deactivate their antivirus software or disable it completely in order to start mining coins.
It is clear that Norton saw this as an issue and is attempting to provide their users with both the security of their software as well as with the opportunity to mine Ethereum at the same time.
This statement is actually true due to the fact that even Norton themselves, or in other words, their software package Norton 360 falsely identified widely used mining programs as dangerous, where the antivirus software needs to be deactivated to continue the mining process by the users.
If you have never mined cryptocurrencies before, there is one thing that you need to know about mining Ethereum, and that is the fact that, as a solo miner, it can be extremely difficult, where you’d have to rely on both luck and extremely powerful hardware to receive coins.
The Norton team has pushed out screenshots that suggest the system could potentially use a pooling solution, where a large number of miners will all contribute whatever computing power they have, and split the rewards based on how much work their machines put into the mining process overall. Keep in mind that throughout crypto-history, each of these pools has universally taken a percentage cut, which often is a 1% cut of all of the earnings.