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NortonLifeLock, previously Symantec Corporation, has released a brand new crypto product that permits users to mine ether (ETH) from their private computers.

The product, Norton Crypto, is presently accessible to pick out prospects who use the corporate’s antivirus software program known as Norton 360. The general public launch of the product is expected “in the approaching weeks.”

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

Norton offers this product by way of its own crypto mining pool, an organization spokesperson instructed The Block. Which means Norton pools customers together for better possibilities of mining an Ethereum block and getting and sharing rewards.

As with every mining pool, Norton fees a charge for sharing those rewards, making a revenue stream for the company. In response to the phrases of Norton Crypto, the company fees 15% of rewards transferred to users. Ethermine, one among the most important ETH mining swimming pools, however, fees only 1% charges.

Whereas the power to mine ETH from private computers seems simple and a good idea, it isn’t simple to earn rewards given Ethereum PoW fork‘s mining issue, which is at the moment at an all-time excessive, in response to tracker Etherscan.

Norton itself has warned in the phrases of the product that rewards will not be assured and it is feasible that customers could spend more money on electricity and laptop hardware than ETH reward earnings. To be sure, crypto mining consumes higher electricity, which is why the subject is often mentioned inside environmental circles.

As for hardware, users of Norton Crypto must have a graphics card capable of executing ETH mining calculations. These embody Nvidia 1000, 2000, 3000 series cards, AMD 5000 and 6000 collection playing cards, and others, the company spokesperson advised The Block.

Earned rewards can be periodically sent to users’ Norton Crypto Wallet, which is saved within the cloud to keep away from losses attributable to hard drive failures, stated the spokesperson.

While Norton is at the moment solely supporting ETH mining, the Nasdaq-listed Fortune 500 company is “considering adding respected cryptocurrencies sooner or later,” the spokesperson informed The Block.

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is supplied for informational purposes solely. It is not provided or meant to be used as authorized, tax, investment, monetary, or different advice.