Norton antivirus mining machine

Cryptocurrencies have been around for some time and are very popular. The digital currency is created through a process called crypto mining. Many people have gone to great lengths to develop elaborate crypto mining operations, spending thousands of dollars on high-end machines that run day and night. Others have taken to sneakier methods for hopefully getting rich.

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• Norton 360 now offers crypto mining — users can mine Ethereum using its antivirus software
• Norton has a crypto miner for PCs that can’t be easily uninstalled
• Slashdot Top Deals
• Norton now mines Ethereum
• 1 min Cryptocurrencies Norton 360 Update Adds Cryptocurrency Mining Tool
• Norton installs an Ethereum crypto miner with its 360 security suite
• Build a custom email digest by following topics, people, and firms published on JD Supra.

WATCH RELATED VIDEO: Norton Antivirus Criticized for Installing Crypto Mining Software on Computers

Norton 360 now offers crypto mining — users can mine Ethereum using its antivirus software

Antivirus firm NortonLifelock formerly Symantec is being criticized for adding cryptocurrency mining software called Norton Crypto to its Norton antivirus suite. More notably, there is currently no way for users to uninstall Norton Crypto. In June, Norton announced that it would release Norton Crypto as a solution for users to leverage excess processing power for Ethereum mining. This feature is optional, users can opt-in or not. Besides, it will also only work with machines with good graphics cards.

User mined crypto wallets will also be fully controlled by Norton. Netizens were surprised and then outraged when Norton officially rolled out Norton Crypto.

Many people think that this is an excessive approach of the anti-virus software company. Others are concerned that the tool will cost them a significant amount more in electricity bills. Also, Norton has yet to confirm whether they will allow users to remove Norton Crypto.

Usually, anti-virus software will be designed to destroy the stealthy cryptocurrency miners on your computer. However, NortonLifelock formerly Symantec had a groundbreaking way of thinking. This company has integrated the Ethereum virtual currency mining feature into their Norton anti-virus software. The revenue will then be divided among all users who sign up for the program.

Norton has a crypto miner for PCs that can’t be easily uninstalled

Norton is owned by Tempe, Ariz. In , the identity theft protection company LifeLock was acquired by Symantec Corp. Only you have access to the wallet. NortonLifeLock began offering the mining service in July , and early news coverage of the program did not immediately receive widespread attention. That changed on Jan.

Slashdot Top Deals

Antivirus firm NortonLifelock formerly Symantec is being criticized for adding cryptocurrency mining software called Norton Crypto to its Norton antivirus suite. More notably, there is currently no way for users to uninstall Norton Crypto. In June, Norton announced that it would release Norton Crypto as a solution for users to leverage excess processing power for Ethereum mining. This feature is optional, users can opt-in or not. Besides, it will also only work with machines with good graphics cards. User mined crypto wallets will also be fully controlled by Norton. Netizens were surprised and then outraged when Norton officially rolled out Norton Crypto. Many people think that this is an excessive approach of the anti-virus software company. Others are concerned that the tool will cost them a significant amount more in electricity bills. Also, Norton has yet to confirm whether they will allow users to remove Norton Crypto.

Norton now mines Ethereum

Join , subscribers and get a daily digest of news, geek trivia, and our feature articles. By submitting your email, you agree to the Terms of Use and Privacy Policy. Norton has an interesting feature tucked inside its Norton antivirus subscription—a cryptocurrency miner. The crypto-miner actually rolled out in July to some users, but the company has started a wider rollout recently. Norton Crypto is an opt-in feature only and is not enabled without user permission.

1 min Cryptocurrencies Norton 360 Update Adds Cryptocurrency Mining Tool

There are really only a few ways to make money from cryptocurrency. You can buy it, making a profit when you eventually sell it. You can mine it and make enough coins to make a profit when you eventually sell it. Cryptocurrency What every business needs to know. Read More.

Norton installs an Ethereum crypto miner with its 360 security suite

Antivirus includes an Ethereum miner for users to "learn more about mining cryptocurrencies". Your antivirus wants to help you get to know the world of cryptocurrencies. But not everyone is happy with that. THE Norton Antivirus is facing criticism for including a cryptocurrency mining program in its security suite. While Norton has been candid about its plan to include the software, the change has generated a lot of backlash. Norton claims the miner is safe and reliable, but the change raises concerns about the mechanics and ethics behind it. Norton Crypto is disabled by default, but many users do not like to have it installed for various reasons, including possible security concerns, suspicions, aversion to cryptocurrencies, or environmental issues, among others. That's the big question: In addition to the security issues and mistrust, there are also concerns that the miner won't can be uninstalled easily.

Build a custom email digest by following topics, people, and firms published on JD Supra.

News 07 June Planning to dip your toes in the cryptocurrency craze but hesitant to do so due to privacy and security issues? Well, the anti-virus giant NortanLifeLock has announced a new feature that enables users to mine cryptocurrency safely and easily.

Mining cryptocurrencies is not an easy task, it has many drawbacks, mainly the energy consumption to do it and the need to disable protections, leaving the computer more exposed to threats such as ransomware. With that in mind, Norton, famous for its IT security solutions, presented Norton Crypto, a solution that allows cryptocurrency mining to be simple, saving the result in the cloud safely. The conditions are simple, you just have to have Norton installed. Vincent Pilette, CEO of the company, commented that Norton Crypto is a response to an increasingly common need, to mine without fear, although the other half of the world is more concerned with the effect on the environment than with the profit that is made. We will see Norton Crypto integrated into the Norton security suite in a few weeks. That way, if there is a hack or virus in the mining computer, the coins obtained will continue to be safe.

If you're in the IT industry, as I am, and you come across someone talking about using Norton or Symantec antivirus software, as I occasionally do, it typically sends you diving for your calendar to check what year we're in. Whether or not that reputation is deserved, the company has also had issues in the past with users claiming an inability to fully remove Norton software when attempting an uninstall. So, a checkered recent past is the point. Which makes Norton the perfect antivirus company to rollout an update to its Norton platform to allow customers to mine Ethereum with its software! What is Norton Crypto? Norton Crypto is a feature made available in Norton which you can utilize for mining cryptocurrency when your PC is idle.

At this point I'm convinced that the entire antivirus industry is a scam scheme for the most part. They make everyone suffer for their own profit. Users are scared into installing this crap and paying recurring payments for it, and then the performance of their computer goes to shit. Developers are given nightmares by having their software misdetected as a virus or broken by the antivirus changing the OS behavior in unexpected ways.