Norton 360 crypto mining act

Kiwi gamers will have the opportunity to mine cryptocurrency as well as keep their computer safe with a new feature from Norton available to for Gamers customers. As well as Game Optimizer functionality, subscribers will have access to Crypto2 when it launches in the coming weeks, enabling them to safely and easily mine cryptocurrency while their devices are idle, the company said. We also want to help people put their PC's idle time to good use with Norton Crypto providing an easy and safe way to mine cryptocurrencies. Cryptocurrencies have been a hot topic recently with China last month banning financial institutions from providing any services related to cryptocurrency, including trading. That sent the value of many currencies down, with the value of both bitcoin and dogecoin already impacted by Tesla CEO Elon Musk's tweets about them. This week, El Salvador's congress approved a new law accepting bitcoin as legal tender, with every business having to accept it as legal tender for goods and services unless it is unable to provide the technology to do so.

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• Users claim that Norton 360 antivirus installs a crypto miner on PCs
• Your Norton antivirus software can mine crypto for you, but Norton wants a 15% cut
• Norton 360 Deluxe
• Crypto Scammers Will Get Up to Five Years of Jail, Fine of AED 1 Million Under New UAE Regulations
• Norton Wi-Fi Privacy Launched Starting Rs. 2,999; Claims to Protect Data on Public Wi-Fi
• Norton includes crypto mining software alongside its antivirus program

WATCH RELATED VIDEO: Norton Crypto. It's EVEN WORSE than you think....

Users claim that Norton 360 antivirus installs a crypto miner on PCs

Home » Forums » AskWoody blog » Norton adds crypto mining. Tags: Patch Lady Posts norton cryptomining cryptocurrency iobit defender malware. Once upon a time we all bought IBM computers. To that we all added the yellow box better known as Norton antivirus. Over time we moved away from [See the full post at: Norton adds crypto mining ]. Susan: I am not a fan of cryptomining: it uses huge amounts of electricity, the generation of which, mostly in China, where most cryptocurrency is mined, is made using steam turbines with the water heated by burning coal.

It is destabilizing of the World Economy, bad for trade, good for tax evasion, and the reason for the existence of cryptomining botnets, where the infected computers get greatly slowed down by the parasitic computational burden they are made to take on.

The Chinese government recently banned cryptomining and cryptocurrencies for these reasons and some major corporations, including Tesla, the luxury electric cars maker, stopped accepting Bitcoin in payment for their products:. Fun facts: according to the University of Cambridge Bitcoin Energy Consumption Index, the energy used these days in mining Bitcoin in one year could heat all the water for tea in Europe for 3.

I left Norton AV for other antimalware applications years ago, chased away by the bloating of its software and by its various incompatibilities with other software I needed to use. Ex Windows user Win. Now: running macOS Big Sur The greenest way is to live in mud huts. How much energy do you think is wasted by the banking industry with their skyscrapers and pointless staff?!

Bitcoin mining can incentivize and speed up the transition to renewable energy. So does the entire current world banking system. Bet it adds up to a lot more. Not all disruptors are bad things. Crypto transactions can be made worldwide, anywhere at any time, and usually faster than banks will process international payments, with a LOT less red tape involved next to none. The point is the network is trustless, and verified by consensus.

If someone sends you a crypto transaction, you KNOW they actually have the money, as the network verifies it. Crypto is immensely secure in this way, which was one of the main points of it. Annoy a dodgy government? Prepare to have all your assets frozen and be made unable to trade anything.. Good luck stopping that with crypto. Only certain cryptos are fully anonymous. Those dollars in your pocket you use every day. This was one of the other main points of the system. This is not a crypto unique problem.

These are all issues that are being worked on over time. As I said, early days. Why not just make a separate application for it?

Should be a choice whether you have that sort of thing on your machine or not. Sounds like a quick cash-in on the current hype to me, which will inevitably be removed later. It looks like the main pro-mining argument is that, since bad things have been happening all along, having more of the same is no big deal. Although I would hope for a world that is better, not worse in the way it is bad already.

Innovative bad things are no better, necessarily, than same old, same old bad things. Take murder: it has been around for quite a while. I would go as far as to say that having more murders, using a novel technique, is not an improvement, or something that can be dismissed by arguing that killing people is not a new thing.

More like there has always been, and will always be murderers. Should we have never invented the knife, because murderers back in that time were using a stick? Same with the telephone, because we now have the dreaded spam callers? No progress is being made, though. That would be the one value it could have, but no country is going to want to tie their economic output to something so volatile.

Stability is what is valued. Not to mention it is used so often to promote crime. By printing so much money, the Fed is creating all sort of bubbles, cryptocurrency is one of them. Are we in the business of mining crypto or are we in the business of malware detection?

Sadly, they are not the only business that makes the mistake of thinking adding more improves the product. They may have been good in the early 90s with their Norton Utilities suite, but certainly not since. How pathetic.. Then again, who needs ? No need to repeat. Nowadays I use Norton AntiVirus.. Just one question, what would be the advantage TO ME to have crypto-mining?? I see no reason, financially, to occupy the extra CPU time and electricity to do this. BATcher Plethora means a lot to me.

I ditched Norton a long time ago when Symantec decided not to patch a critical security flaw in the installed version but insisted that upgrading to a new, defective, super buggy version was the required remediation. So long Norton, good riddance! Looks to me like a marketing-driven gimmick intended to reel in new customers by splashing the C-word all over the package. Adds no value to the product for me. Why are they introducing this feature now?

Ethereum 2. In Ethereum, miners must find a numeric solution to the Ethash algorithm that meets a network-wide difficulty target. At first, I read this story and parsed it as thinking they would be adding additional protection against cryptominers being installed on your machine.

This seems like a rather odd choice. When a software product moves to the state that you need a dual wheel truck to go to the grocery store to buy milk, I make every effort to dump it. Norton went a LONG time ago. We all have our own reasons for doing the things that we do. We don't all have to do the same things. Computer Specs.

As usual, I have to find out these things from askwoody. And I say let us give them all they want" William T. However, that is annoyingly and puzzlingly inconsistent. Been using this method since December when I got Win7. If a company has a good software product, they will make it very easy to remove that product to test other products. But, it is what it is. Listen and hopefully learn. Thanks BobT. Since downloading the big update an hour ago, there have been two, very small kb and kb product not definition updates.

Seems like Norton feels it needs yet another feature to sell its suite. Personally I have not bought a security suite in eons. Remove and replace worked wonders for them, enough said.. I had a series of problems running SystemWorks. One particular problem I decided to contact Norton technical support. I could only do this with email and the support department was located in India. They supplied me with a few resolutions which did not correct the problem.

I wrote back to them stating that their solutions did not work. They again replied with the exact same set of solutions. When I told them I already tried their solutions from their first return email, they got back to me again with the exact same set of solutions.

This went around and around 6 times. I like the comments about storing wallets. Norton stores the coins it mines in the Norton cloud. Is anyone actually going to have access to the coins they mine? My local IT guy has been telling me for years to stay away from Norton — and Windows Defender is adequate.

Kaspersky was programmed by a russian, but has no ties to Russia. They moved out of that country. They are my number one pick. Very easy to deploy and manage.

Your Norton antivirus software can mine crypto for you, but Norton wants a 15% cut

The feature known as Norton Crypto is expected to become available to all Norton customers in the coming weeks. Once cryptocurrency has been earned, customers will be able to 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, the company said. You voted bearish. You voted bullish. The company told CNN it was considering adding other cryptocurrencies in addition to Ethereum in the future. It is not clear what the business model for Norton Crypto is, or if Norton will take a share of earnings. Cryptocurrency miners use computers to solve complex mathematical equations that enable a transaction to go through.

Norton 360 Deluxe

Though Norton has been upfront about its plan to include the software, the move has generated a lot of backlash. Norton claims the miner is secure and reliable but the move raises concerns If the content contained herein violates any of your rights, including those of copyright, you are requested to immediately notify us using via the following email address operanews-external at opera. Rifle used by Kyle Rittenhouse in Kenosha shooting to be destroyed. In Ukraine's capital, a cautious calm. Wenatchee City Council approves additional contingency funds for city hall remodel. Rise of the Players finds heroes in the GameStop stock story. FP Dealmakers Equities steal the show in bonanza year for dealmaking. Internet giant Amazon hoping to make up lost ground in its fourth-quarter results. Indexes Hide Wild Ride on Market.

Crypto Scammers Will Get Up to Five Years of Jail, Fine of AED 1 Million Under New UAE Regulations

Back in July , NortonLifeLock announced Norton Crypto, a feature made available in the popular antivirus product Norton , which allows users to mine cryptocurrency while their PC is idle. At the time of its release, Norton Crypto received little news coverage, perhaps due to its limited availability at the time. Now, it garnering more attention as those in the cybersecurity field speak out, including this tweet from Cory Doctorow, the co-editor at Boing Boing:. This is fucking wild. According to the company's FAQ: Norton Crypto page, Norton will not mine crypto without permission from the user—though it is installed automatically—and that it is limited to devices that meet certain requirements, such as having an Nvidia graphics card with minimum 6 GB of memory.

Norton Wi-Fi Privacy Launched Starting Rs. 2,999; Claims to Protect Data on Public Wi-Fi

Norton is facing criticism for including a crypto miner alongside its Norton security software. This is fucking wild. The TL;DR is that yes, Norton does install a crypto miner with its software, without making that clear in the initial setup process. We confirmed that ourselves, and it could be good news for anyone worried about Norton remotely activating the feature. We are transparent about how our software performs on user devices and we have no intention of changing this. As mentioned before, we installed Norton ourselves to get first-hand experience with the miner.

Norton includes crypto mining software alongside its antivirus program

The new opt-in feature turns an idle PC into a cryptominer. Cybersecurity software company NortonLifeLock has been accused of deciding to start installing at the end of last year. A type of malware Installed without their consent, they are having a hard time uninstalling it, they are angry at the sacrifice of Ethereum mining to the environment and so on. Users are free to transfer Ethereum from Norton Wallet to Coinbase. This will be added to the subscription fee that the user has already paid. In addition, Norton does not cover transaction or gas charges associated with selling or transferring Ethereum from your wallet to Coinbase. Next is the issue of energy consumption.

NortonLifeLock has launched a new feature on its cyber security product that will enable users to safely mine cryptocurrency rather than letting nefarious coin miners do the same thing through malware infection. Called Norton Crypto, the feature will roll out to Norton users on the company's early adopter program. The product will mine the Ethereum cryptocurrency using a computer's graphics card GPU. Gagan Singh, chief product officer at NortonLifeLock, said with Norton Crypto, users could "mine for cryptocurrency with just a few clicks, avoiding many barriers to entry in the cryptocurrency ecosystem.

Pros: I've used Norton for years and have always been satisfied. Installed easily if you follow the somewhat vague instructions and don't forget to create an e-mail link for your other devices. Cons: This is a software download not a key card which means you will lose any days you have left from your current Norton installation. Recommend waiting until your last subscription day to install. Don't make my mistake, luckily I only lost 4 subscription days. Overall Review: Excellent product but Norton's nitpicking about leftover subscription days is ridiculous considering they are getting paid for another year.

Antivirus software firm Norton has announced a surprising addition to its lineup of software — Ethereum mining functionality. But with cryptocurrency mining becoming the subject of fierce debate lately, some are questioning the timing and substance behind this news. A select number of Norton customers, who joined the early adopter program, received their invites to mine Ethereum today. The program is expected to expand to include all 13 million Norton customers in the coming months. This leaves miners vulnerable to skimmed earnings and ransomware.

The most popular antivirus, Norton , made a miner out of everyone. Even though this has been going on for a while, the Internet recently found out about it. And traditional Norton customers are livid.