Cybersecurity Giant NortonLifeLock Will Add Ethereum (ETH) Mining Services
The antivirus company NortonLifeLock announced a new feature on its platform, named Norton Crypto. Its mission will be to enable customers to mine Ethereum in a safe and accessible way.
Mining ETH
In a recent announcement, the cybersecurity firm notified its nearly 13 million customers about a new service on its platform. Called Norton Crypto, it will provide a “safe and easy way” for consumers to mine one of the largest digital assets by market capitalization – ether (ETH).
Vincent Pilette – CEO of NortonLifeLock – outlined that crypto mining with personal computers can be a risky process, and its newly announced service will grant safety and malware protection to the customers:
”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.”
Furthermore, Gagan Singh – chief product officer at the company – emphasized that this is the first such move launched by a cyber safety firm. He also acknowledged that Ethereum mining would be very accessible:
”We are proud to be the first consumer Cyber Safety company to offer coin miners the ability to safely and easily turn the idle time on their PCs into an opportunity to earn digital currency. With Norton Crypto, our customers can mine for cryptocurrency with just a few clicks, avoiding many barriers to entry in the cryptocurrency ecosystem.”
The statement informed that once miners earn digital assets, they will be able to track and transfer earnings into their Norton Crypto Wallet. The process will be very secure as the wallet will be stored in the cloud, so it cannot disappear due to hard drive failure.
Ethereum’s Rally
Despite the recent decline in dollar value, Ethereum’s native token gained significant success during the last few months. It even reached an ATH in mid-May of more than $4,300.
Numerous prominent crypto investors went further, stating that Ethereum would eventually surpass Bitcoin as the most valuable digital asset. For example, Todd Morley – co-founder of Guggenheim Partners – recently opined that Ethereum has ”much higher utility” than the primary cryptocurrency, which he called a ”thing.”
Changpeng Zhao – the head of Binance – also gave his two cents on the matter. According to him, people need alternative coins for the new type of transactions, which may drive the price of Ethereum up:
”All of those use cases are moving right now and people need the other coins to do this type of new transaction. Ethereum is one of those clear examples. That’s probably why Ether is going up.”
Additionally, the billionaire owner of the Dallas Mavericks – Mark Cuban – surmised that Ethereum is superior to Bitcoin because it allows a higher number of transactions per second and can support smart contracts.
”The number of transactions and the diversity of transaction types along with the development efforts in Ethereum will dwarf Bitcoin. The utilization of Ethereum is much higher.” – he concluded
