Norton Anti-Virus users can now contribute their computation power using the available mining services to obtain Ethereum. That is according to a statement by the owner. Clients only need to visit the Norton 360 platform for crypto mining services.
Keep in mind that this comes after many platforms and organizations introduced crypto services to their followers. You probably understand that firms like PayPal joined the crypto craze early this year.
On Wednesday, Norton firm announced that some of its clients would contribute their computation power to mine ETH at low volumes, following its initial adoption program.
Users will store their mined Ethereum in Norton wallet in a trackable cloud extracted from the leading cryptocurrency broker, Coinbase.
Crypto mining has been a risky business for years. Security is the main challenge that the crypto market has to solve to attract more individuals. Crypto miners store their earnings on hard drives, risking losing their crypto wallets upon drive failure.
Norton Company said that it offers a reliable and secure method for clients to mine ETH without fear.
NortonLifeLock official Gagan Singh said that their firm prides itself as the first Cyber Security firm to provide crypto miners a safe and easy way to venture into the digital coin space. Norton Crypto allows users to mine their digital assets with few clicks, minimizing the barriers traders meet before entering the crypto market.
True enough, joining the virtual market can be daunting for new traders. This anti-virus company likely wants crypto enthusiasts to have it easy venturing into volatile and lucrative undertakings.
However, despite the simple processes, crypto miners will incur charges when using Norton services. Miners should pay a 15% charge of the cryptocurrency dealings to utilize the available services. That is not to mention the many pitfalls that the platform exposes crypto traders to. They include electricity charges and computer component degradation due to frequent usage.
Moreover, the move could open the cybersecurity firm to critique due to the crypto mining effects on the environment and the massive energy required to accomplish the mining activities.
On Friday, ETH declined by 6.8% since the past day, trading at $2,628.
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