NortonLIfeLock (NLOK) announced Wednesday morning that it is
launching a new feature for a select group of early customers of its Norton 360
platform that will allow them to mine for ethereum, the world's second most
valuable cryptocurency, on their personal computers.
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,” said Vincent Pilette, CEO of NortonLifeLock.
“Norton Crypto is yet another innovative example of how we are expanding our
Cyber Safety platform to protect our customers’ ever-evolving digital lives.”
For years, many coinminers have had to take risks in their
quest for cryptocurrency, disabling their security in order to run coinmining
and allowing unvetted code on their machines that could be skimming from their
earnings or even planting ransomware. Earnings are commonly stored directly on
miners’ hard drives, where their digital wallet could be lost should it fail.
Norton Crypto delivers a secure, reliable way for consumers to mine for Ethereum without opening themselves and their devices up to these pitfalls. Once cryptocurrency has been earned, customers can track and transfer earnings into their Norton Crypto Wallet, which is stored in the cloud so it cannot be lost due to hard drive failure.
“We are proud to be the first consumer Cyber Safety company
to offer coinminers the ability to safely and easily turn the idle time on
their PCs into an opportunity to earn digital currency,” said Gagan Singh,
chief product officer at NortonLifeLock. “With Norton Crypto, our customers can
mine for cryptocurrency with just a few clicks, avoiding many barriers to entry
in the cryptocurrency ecosystem.”
Norton Crypto is expected to become available to all Norton
360 customers1 in the coming weeks.
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