Norton 360 will Take a 15% Cut for Mining Ethereum

  • Users are furious about Norton 360 taking 15% for mining Ethereum.
  • Norton 360 “Antivirus” secretly install crypto mining software on your machine and skim a commission.
  • Notton calls this commission “for your own benefit” as it assures safe and secure mining without any malware.

Norton 360, the most popular antivirus, turned everyone into a miner. Despite the fact that this has been going on for a long time, the Internet only recently discovered it. And traditional Norton consumers are furious. The company’s 15 percent commission is one of the most contentious aspects of the narrative.

This is a commercial service that requires payment, so it’s understandable if many aren’t happy with it.

Despite the market’s decline, crypto mining malware is still common

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Norton’s Ethereum mining software is, of course, nothing new.

As a result, miners are subject to revenue theft and malware. Norton claims to overcome these difficulties by allowing users to mine cryptocurrencies safely and quickly using the user-friendly Norton 360 platform-“So it’s for your own benefit.”

When they were testing it seven months ago, Bitcoinist commented on it and said:

“Today, a small group of Norton 360 clients who participated in the early adopter program received invitations to mine Ethereum.” In the next months, the initiative will be expanded to 13 million Norton subscribers. In explaining the unusual pairing, the business stated that bitcoin mining is risky and frequently involves deactivating security and permitting “unvetted code.”

As a result, miners are subject to revenue theft and malware. Norton claims to overcome these difficulties by allowing users to mine cryptocurrencies safely and quickly using the user-friendly Norton 360 platform-“So it’s for your own benefit.”

Norton’s Ethereum Program is discovered on The Internet

Norton’s Ethereum mining software is, of course, nothing new.

When  Boing editor Cory Doctorow tweeted, “Norton “Antivirus” now secretly installs crypto mining software on your machine, and then skims the commission,” the mining application went viral. 

The General Public’s Reaction To The Fact That They Were Ethereum Miners

“Longtime Norton consumers were appalled by the notion of their antivirus program installing coin-mining software, regardless of whether the mining function was turned off by default,” Krebs writes. 

This is what the application should keep kids safe against. And they have no idea that this is for their own benefit and that they should totally trust the Norton business.

Those that were fine with it and wanted to collect their ETH, on the other hand, faced a new challenge. Gasoline costs. If that truth is difficult to grasp for veteran Ethereum users, consider how difficult it was for newcomers who were unaware of their new career as Ethereum miners.

Source: https://www.thecoinrepublic.com/2022/01/09/norton-360-will-take-a-15-cut-for-mining-ethereum/