NortonLife Adds Crypto Mining Services
NortonLifeLock joins the likes of AMD, Nvidia, ASUS that support crypto mining through their products and launches Norton Crypto, a tool that will enable their millions of users using the Norton360 antivirus software to earn the second most popular crypto, Ethereum by mining. In his interview with CNN Business, Vincent Pillete, NortonLifeLock’s expresses excitement at being the foremost cybersecurity firm providing crypto mining offers to its users through its software. He asserts it will allow them to use their leisure period for mining.
The mining program for Ethereum will be open to a few 360 users from June 3rd to test the program. However, plans are in progress to make it available to almost all of its 13million users. Users do not need to deactivate their anti-virus software before they can participate in crypto mining.
Norton also intends to include other solid cryptocurrencies at a later stage. At present, they are focusing on enabling their users to mine Ethereum without hassles. “While the company will start slow, with a focus on helping customers safely mine Ethereum, NortonLifeLock is considering adding reputable crypto currencies in the future.”Norton also wants to introduce other “foremost cryptos in their mining program, that will enable users to get highly-rewarding returns for their computational bandwidth.”
Norton Releases Cloud-Based Wallets for Crypto Mining
In a bid to protect user against losing the crypto they have earned and getting ransomware installed on their systems because they have to deactivate their antivirus, and which is a downside of extant mining protocols, Norton will be providing cloud-based wallets into which coin miners using their product could receive their earnings that get rid of the dangers of losing their wallets to storage issues.The claim by Norton that extant mining protocols are inundated with unscreened codes has however been faulted because the reputable mining protocol, Ethminer has been endorsed by over 99 individual developers as far as December 2013, which means that the code has been vetted and discovered to be reliable.
June seems to be a bullish month for crypto miners and even the crypto market as institutional investors, countries and computer hardware manufacturers are throwing their full-fledged support behind the crypto industry. In another development, Google and Facebook had reversed their ban policy on crypto-based ads by cryptocurrency exchanges and wallets. Interestingly, Nvidia, AMD, ASUS had released specialised GPU cards to encourage crypto mining.
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