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NortonLifeLock, previously Symantec Company, has released a new crypto product that enables customers to mine ether (ETH) from their personal computer systems.

The product, Norton Crypto, is presently accessible to pick out customers who use the company’s antivirus software program called Norton 360. The general public launch of the product is anticipated “in the approaching weeks.”

How does the product work? A crypto-mining software program is put in within Norton 360, which permits users to run it when their computer systems are idle.

Norton gives this product via its own crypto mining pool, a company spokesperson told The Block. Meaning Norton swimming pools customers collectively for higher chances of mining an Ethereum PoW fork block and getting and sharing rewards.

As with each mining pool, Norton expenses a charge for sharing these rewards, creating a revenue stream for the corporate. In accordance with the phrases of Norton Crypto, the company prices 15% of rewards transferred to customers. Ethermine, one in all the most important ETH mining swimming pools, then again, charges only 1% fees.

While the flexibility to mine ETH from personal computer systems seems simple and a good suggestion, it is not easy to earn rewards given Ethereum’s mining problem, which is at the moment at an all-time excessive, in keeping with tracker Etherscan.

Norton itself has warned within the terms of the product that rewards should not assured and it is feasible that customers may spend more money on electricity and laptop hardware than ETH reward earnings. To be sure, crypto mining consumes greater electricity, which is why the subject is commonly discussed within environmental circles.

As for hardware, users of Norton Crypto must have a graphics card able to executing ETH mining calculations. These include Nvidia 1000, 2000, 3000 collection cards, AMD 5000 and 6000 sequence cards, and others, the corporate spokesperson told The Block.

Earned rewards might be periodically despatched to users’ Norton Crypto Wallet, which is stored within the cloud to avoid losses as a consequence of laborious drive failures, said the spokesperson.

Whereas Norton is presently solely supporting ETH mining, the Nasdaq-listed Fortune 500 firm is “considering including respected cryptocurrencies in the future,” the spokesperson advised The Block.

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is offered for informational purposes solely. It isn’t provided or meant to be used as legal, tax, investment, monetary, or other recommendation.