One of the world’s best-known antivirus software makers, Norton, is adding cryptocurrency mining to its Norton 360 antivirus. Some of the
- 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
The company 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 will be fully rolled out to the majority of users.
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, it is likely that Norton will take a cut of all of the currencies mined.
The company pitched this idea as a safe and easy way to get started into the world of cryptocurrency mining, which will become an important part of its customer’s lives from this point onward.
Norton LifeLock noted in its press release that miners have had to take risks for years in their mission to push forward 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 its users with both the security and the opportunity to mine Ethereum at the same time.
Norton themselves, in its software package Norton 360, falsely identified widely used mining programs as dangerous, that require antivirus software to be deactivated to continue the mining process.
If you have never mined cryptocurrencies before, there is one thing that you need to know about mining Ethereum – as a solo miner, it can be extremely difficult, you have to rely on both luck and invest in 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.