Norton antivirus has presented a new feature that promises to be especially useful: it will allow you to mine cryptocurrencies without using any extra program since the company will add this service to its LifeLock security software .
The new functionality will be called Norton Crypto and will offer the user the possibility of mining cryptocurrencies without the need to take risks with unapproved software. Of course, Norton does not guarantee that the user will earn a lot of money with the new functionality, since that depends on many factors.
A new step in cybersecurity
“We are proud to be the first consumer cybersecurity company to offer cryptocurrency miners the ability to easily and securely turn their leisure time on their PCs into an opportunity to earn digital currencies,” said Gagan Singh, product manager at Norton. “With Norton Crypto , our users can mine cryptocurrencies with just a few clicks , avoiding many barriers to entry in the cryptocurrency ecosystem.”
“For years, many coin miners have had to take risks in their pursuit of cryptocurrency, disabling their security to mine coins, allowing unverified code to enter their machines to sneak a peek at their winnings or leading to ransomware . Profits are typically stored directly on miners’ hard drives, where digital wallets can be lost in the event of a failure.”
An imminent release
If all goes well, the functionality will be available to all Norton 360 customers in the coming weeks. The company hopes that it will be well received as it is a trusted firm, so that its users can rest easy knowing that their computer and their cryptocurrency are in good hands.
What Norton has not yet revealed is how it intends to monetize the tool, although it will most likely use a collective system in which users share the benefits. The advantage of this system is that the payments would be more regular and the company could ask for a percentage of the profits. The usual thing among competitors is that they keep 1% of the profits.
Of course, not everyone has welcomed the news with enthusiasm, since mining cryptocurrencies uses a lot of energy, so for a considerable number of computers the cost of electricity could be greater than the benefit obtained by using software to mine cryptocurrency.
