Users of cybersecurity product NortonLifeLock will soon be able to mine Ethereum on their home computers through a new feature named Norton Crypto, which will include the cloud-based Norton Crypto Wallet.

Fast Facts:

  • Some Norton360 customers have already been able to mine ETH as part of an early adopter program, but the service will be extended to the company’s broader customer base in the coming weeks.
  • Norton has not announced whether the service will be free once fully available, nor if ETH mined using the system will be transferrable to another wallet.
  • NortonLifeLock CEO Vincent Pilette said in a statement: “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.”
  • Etherum has long been expected to move away from its current proof-of-work consensus mechanism — which is also used by Bitcoin — to a proof-of-stake mechanism, greatly altering how it is mined. PoS uses significantly less energy to secure the network and is gaining popularity amid growing concerns over the carbon footprint of PoW networks.