Ethereum (ETH) price spike renews interest in Norton crypto mining

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Ethereum (ETH) price spike renews interest in Norton crypto mining

 Ethereum (ETH) price spike renews interest in Norton crypto mining
Image source: Pixabay.com

Highlights

  • Norton has specifically stated that turning on the crypto miner is a manual process but not difficult
  • It helps mine the cryptocurrency Ethereum, which has been rising of late, even more than Bitcoin
  • Norton mining services do not work in all countries, and users must also note the system requirements

Over the past few weeks, Ethereum’s ETH has been one of the biggest crypto gainers. Consider this. In the middle of last month, the token was trading at nearly US$1,100. As of writing, ETH price is over US$1,600 -- a stunning spike of nearly 45% in 15 days.

This could be one reason why crypto enthusiasts might be interested in Norton’s crypto mining feature. Norton, one of the world’s most recognised anti-virus software, had started giving crypto mining options to its users to probably ride on the blockchain and crypto wave. But is Norton’s crypto miner program difficult to delete once installed?

Let us quickly explore answers to all such relevant questions.

Norton crypto miner

First, according to the company’s official website, only Microsoft Windows 8, 10 or 11 (64-bit) operating systems can support the miner bundled with Norton 360. Additionally, the device must have a memory card with no less than 6 GB memory, a 1 GHz processor, and a 2 GB RAM support.

Second, it is stated that the miner is turned off by default, and the user must first turn it on manually in order to mine ETH tokens. Norton allows transferring the mined tokens to the user’s Coinbase account. This must be done by accessing Norton’s crypto wallet and withdrawing the tokens to Coinbase.

Lastly, a coin mining fee is also charged from the user, which is 15% of the tokens allocated to the user.

Is Norton’s miner difficult to uninstall?

According to the website, it is not. There are two options for the user -- pause or turn off. In the former, the user can simply right-click on the Norton icon on Windows taskbar and click the ‘pause crypto miner’ option.

For turning it off, the user must click on the ‘idle time to cash’ tab and then pick the ‘turn off miner’ option. This is indeed a manual process, but since even turning on is manual, it does not appear to be unjustifiable. Norton 360 also allows a user, who has not enrolled for mining, to hide the Norton Crypto banner.

Also read: SEC calls Forsage “crypto fraud” and “Ponzi”: Will Forsage continue?

Ethereum mining and Norton

There is little certainty on how much time it takes to mine one ETH token on Norton. This very likely depends on users’ system configuration and the idle time during which the miner operates. The rise in the price of ETH crypto might prompt some enthusiasts to explore Norton’s miner option.

Ethereum price (in USD)

Data provided by CoinMarketCap.com

Bottom line

Norton 360 allows mining one cryptocurrency – Ethereum blockchain’s ETH. The anti-virus company suggests that turning the miner on and off is a very simple process. However, there is not much clarity on the time consumed for mining one ETH token.

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