Is mining for cryptocurrencies with Norton antivirus profitable?

Is mining for cryptocurrencies with Norton antivirus profitable?

With Norton Crypto, users can now mine cryptocurrencies with Norton Ethereum antivirus from their computers. Is it profitable?

Now you can mine cryptocurrencies with antivirus from your computer. This is done by means of Norton Crypto, a tool a tool available on the business’ platform.

Is this profitable? The opinions on social networks are divided. Now, if we keep in mind the high hardware specifications that Norton calls for, as well as the 15% which the company keeps, the amounts don’t seem to tally.

Norton Crypto is a tool that permits mining, for now, for Ethereum with the customer’s computer. The mining takes place at the time when the person isn’t using the equipment. Norton creates a wallet for each user for receiving the Ethereum. It’s then possible to withdraw the money from this wallet to a personal wallet, in Coinbase.

To accept cryptocurrency mining, Norton Crypto demands that the customer holds a graphic NVIDIA card, with at least 6 gigas of memory. The high demand for this type of card has made its price increase noticeably on the market. Therefore, it’s neither simple nor cheap to have such an advanced card.

Further, this is the commission’s problem. Norton Crypto keeps 15% of what each person mines within the platform. It doesn’t seem to be a large amount. Nevertheless, keeping in mind the cost of electricity necessary for mining is essential.

Is mini mining the future?

At these times, in many European countries, the price per Kw/h has increased. For example, the rate for electricity in Spain fluctuates between 0.22 and 0.42 Euros per Kw/h. Starting from this, the online calculator MinerStar estimates that a Spaniard, working with Norton Crypto would have a net income of a little more than two Euros per day.

Then, you would have deduct the 15% that Norton keeps. Plus, you have to keep in mind that the graphic card, in continuous use, has greater probabilities of wearing out.

These days, there are other tools, like NiceHash, that offer the same: mining cryptocurrencies with our own equipment. At least NiceHash doesn’t charge a 15% commission on what we’ve mined.

However, these businesses don’t even take into account the deterioration to which our computer’s hardware is exposed. So, these alternatives actually end up being unprofitable for small scale miners.

What is certain is that, with mining being prohibited in many countries, it’s possible that the mining system will have to change. It’s possible in the near future that we all will have to mine to keep the blockchains active.  

Risk warnings
The views and opinions expressed are the views of Crypto Currency 10 and are subject to change based on market and other conditions. The information provided does not constitute investment advice and it should not be relied on as such. All material(s) have been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.
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