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Norton just added crypto mining to its antivirus programs — here's how it works

Norton just added crypto mining to its antivirus programs — here'due south how it works

A cryptocurrency mining farm with racks and racks of graphics cards churning away.
(Image credit: Marking Agnor/Shutterstock)

For anyone who'southward considering dipping a toe into the cryptocurrency craze but is afraid of getting ripped off, antivirus and identity-theft-protection giant NortonLifeLock is offering a possible solution.

Norton Crypto is "a new feature designed to enable consumers to safely and easily mine cryptocurrency through its trusted Norton 360 platform," the company said in a press release today (June ii).

  • The best antivirus software to keep your mining PC safe
  • What is Ethereum? Toll, how to buy, vs Bitcoin, latest news and more
  • Plus: Gaming PCs: It's time to purchase — and not build

Norton 360, at its core an antivirus program, already offers a password director, a cloud-fill-in service, a VPN and, via LifeLock add together-ons, an identity-theft-protection service. The Norton Crypto characteristic volition include both a coin miner and a cryptocurrency wallet.

"Customers can track and transfer earnings into their Norton Crypto Wallet, stored in the cloud so it cannot be lost due to hard drive failure," states the press release.

"Select Norton 360 customers in Norton's early adopter program will be invited to mine for Ethereum," beginning tomorrow (June iii), the printing release adds. "Norton Crypto is expected to go available to all Norton 360 customers in the coming months."

A screenshot of the Norton Crypto feature of Norton 360 antivirus software mining Ether tokens.

(Image credit: NortonLifeLock)

Can you lot mine anything besides Ethereum with Norton Crypto?

Ethereum is all well and good, simply that cryptocurrency is likely to turn off mining Ether tokens past the end of 2021 as it moves to its new "Ethereum 2.0" platform. So we asked if Norton Crypto might allow it customers to mine other types of tokens.

Gagan Singh, main product officeholder at NortonLifeLock, didn't really give united states of america an respond, merely did provide us with this argument:

"At that place is a lot of innovation happening in the crypto economy that nosotros continue to monitor. Initially, NortonLifeLock will be focused on tiptop cryptos that allow our members to get the highest reward for their computing capacity. It is a very dynamic infinite that is irresolute every week and we will look at potentially adding other currencies in the future."

So Bitcoin, which has reached the bespeak where it take a huge amount of computing power to mine a unmarried coin, may be out. Dogecoin, anyone?

A screenshot of a Norton Crypto wallet showing a balance of $12.00 in Ether tokens.

(Image credit: NortonLifeLock)

Information technology does seem a flake weird that an antivirus and identity-theft-protection company would be jumping with both feet into cryptocurrencies. Ethereum is well regarded — several Fortune 500 companies, including Microsoft, have a stake in it — but lots of smaller cryptocurrencies are pump-and-dump schemes.

How long will it before Norton or other antivirus companies offer software to mine coins those too?

"Crypto mining is already a big part of its customers' digital lives, so NortonLifeLock accelerated its pace of innovation to ensure they accept a safe and easy way to mine crypto," a NortonLifeLock spokesperson told us.

"While the company will start deadening, with a focus on helping customers safely mine Ethereum, NortonLifeLock is considering adding reputable cryptocurrencies in the future."

Paul Wagenseil is a senior editor at Tom's Guide focused on security and privacy. He has besides been a dishwasher, fry cook, long-haul commuter, lawmaking monkey and video editor. He'south been rooting around in the data-security infinite for more than than xv years at FoxNews.com, SecurityNewsDaily, TechNewsDaily and Tom's Guide, has presented talks at the ShmooCon, DerbyCon and BSides Las Vegas hacker conferences, shown upwards in random Television receiver news spots and fifty-fifty moderated a panel discussion at the CEDIA home-technology briefing. You can follow his rants on Twitter at @snd_wagenseil.

Source: https://www.tomsguide.com/news/norton-crypto

Posted by: singletontheresurste.blogspot.com

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