Norton Crypto comes free with Norton 360, will only mine crypto with user’s consent.
Norton 360 has come up with a new feature Norton crypto where you can put your PC to work while being idle. The feature is made available in Norton 360 that can be utilized for mining cryptocurrency when your PC is idle. Norton changed its stance on crypto, Norton and other anti-viruses would tag mining software like minergate, nicehash as viruses as they are used to mine crypto.
But the users need to have devices that meet the required system requirements to avail this feature which includes:
- Hardware requirements:
- Graphics card – Nvidia cards with minimum 6 GB memory
- Processor – 1 GHz
- RAM – 2 GB (minimum of 512 MB RAM required for Recovery Tool)
- Hard disk space – 300 MB of available hard disk space
- Operating System requirements:
- Norton Crypto is supported on Windows 7 SP1 and later, Windows 8 and Windows 10
- Norton Crypto is not supported on Windows 10 in S mode and Windows running on ARM processors
There is no restriction on the number of devices that can be used but they all must have an active Norton 360 plan subscription.
Although the threshold settings will be managed by Norton for now, they may be made adjustable for users in the future.
Ethereum is the only currency that can be mined for now but Norton has plans to add more cryptocurrencies in the future.
The users need not worry about the storage of the mined currency, as Norton will be providing a secure digital Ethereum wallet to each user and an encrypted key to it stored securely in the cloud. The key will only be accessible to the user.
The mined Ethereum can be transferred to any wallet by withdrawing it from the Norton account portal or Norton 360 client.
Reports say that this client is also not easy to uninstall, raising concerns as to how a security company is packaging this as a feature and what is their incentive to do so?
Norton Crypto Charges
Aside from the charges for subscription plans Norton will be charging for mining and network fee for transfers. The coin mining fee is currently 15% of the crypto allocated to the miner.
Are you interested in mining crypto on your computer? If so, what methods do you use? Do you find this feature feasible? Let us know about it by joining our telegram group.