As the popularity of cryptocurrency is increasing all over the world, the global cybersecurity company NortonLifeLock has also started a new crypto mining feature for its users. This feature will allow users to mine Ethereum securely, which is one of the most popular cryptocurrencies in the market.
Dubbed Norton Crypto, the feature was recently announced via an official press release . It is designed to allow users to safely and easily mine cryptocurrencies using the Norton 360 platform and store their earnings in a cloud-based digital wallet to prevent losses due to hardware failure .
“As the crypto economy continues to become an increasingly important part of our customers’ lives, we want to em
power them with Norton to have the cryptocurrency they trust,” NortonLifeLock CEO Vincent Pilate said in a statement.
The company says crypto miners risk disabling their security systems to mine their crypto coins and allowing “untested code” in their machines. These actions of crypto miners sometimes lead to losses and major ransomware attacks.
Furthermore, most crypto miners store their earnings directly on their digital wallets that reside in their local hard drives. Therefore, if hard drives crash, miners can lose their digital wallets as well.
Citing these issues and potential risks, Norton introduced the industry’s first Norton Crypto feature to help crypto miners securely and easily mine Ethereum on their machines. Norton Crypto, as the company claims, is a secure and reliable way for consumers to mine crypto without putting themselves or their devices at risk.
Thanks to this feature, users can now mine Ethereum, track their earnings, transfer funds easily and securely through the Norton 360 Antivirus platform. Furthermore, once they have mined the crypto , users can store their earnings in Norton Crypto Wallet, which is a cloud-based digital wallet system. This eliminates the risk of losing a digital wallet full of earned crypto coins in case of hard drive failure.
“We are proud to be the first consumer cybersecurity company that provides coin miners the ability to securely and easily convert idle time on their PCs into an opportunity to earn digital currency. With Norton Crypto, our customers can mine for cryptocurrencies with just a few clicks, avoiding the many barriers to entry into the cryptocurrency ecosystem,” said Gagan Singh, Chief Product Officer, NortonLifeLock.
Norton Crypto is currently available to select Norton 360 customers who registered in the company’s early adopter program. The company is hoping to roll out this feature to all its customers in the coming weeks.