Norton will allow its customers to mine Ether (ETH) via its cybersecurity software, enabling millions of people to mine cryptocurrencies in the process.
Norton introduce ETH mining service
Cryptocurrency mining is one of the most crucial and lucrative aspects of the crypto market. However, it also comes with its challenges, such as the high costs of mining hardware and electricity to mine the cryptocurrencies.
Cybersecurity firm, NortonLifeLock is now looking to make it easier for millions of people to mine Ether. The company has launched Norton Crypto, a tool that allows customers to safely mine cryptocurrencies via the Norton 360 product. Norton added that its company is a perfect fit since people don’t have to dig through the dark and scary part of the internet before they can mine cryptocurrencies. By using the Norton Crypto, people can mine cryptocurrencies with maximum security from unvetted codes.
In a press release, Vincent Pilette, CEO of NortonLifeLock, said, “As the crypto economy continues to become a more important part of our customers’ lives, we want to empower them to mine cryptocurrency with Norton a brand they trust. Norton Crypto is yet another innovative example of how we are expanding our Cyber Safety platform to protect our customers’ ever-evolving digital lives.”
Norton said in the past, people have to disable their security software before they can mine cryptocurrencies. However, with the Norton Crypto, they can mine cryptocurrencies and keep their security software on.
The company is starting with Ether but will expand to other cryptocurrencies. “While the company will start slow, with a focus on helping customers safely mine Ethereum, NortonLifeLock is considering adding reputable cryptocurrencies in the future,” Norton added. The company believes that using a pre-installed mining software on your computer is easier than learning how to mine cryptocurrencies by yourself.
Is the mining software necessary?
The conversation on cryptocurrencies in recent times has centered on the massive use of energy for mining purposes. As such, the crypto community is looking for ways to cut down energy usage and protect the environment.
With Ether and several other cryptocurrencies migrating to the proof of stake (PoS) protocol, it begs the question of whether installing crypto mining software on computers is necessary. Most of the leading cryptos like Ethereum would no longer need mining in the future. Hence, making software like this irrelevant in the long run.