The second part is the collective crypto-mining software that is owned and operated by Us in order to create and operate a mining program (as explained above) that utilizes our customers’ computing power. The crypto-mining software is designed to run whenever your computer is idle. The Avira Crypto software feature is made up of two main parts: The first part is specialized crypto-mining software built-in to through some Avira cyber safety products for personal computers. As such, we use the words “pool” and “shares” within this document and the Avira Crypto program, but please note that there is no actual entity or “pool” involved in the program, and you will not own any real “shares” or have any equity, voting, or similar rights associated with the program. Those who participate in performing the verification and block addition work are rewarded with newly-created crypto.ĭue to the large amount of computing power required for mining, some of the most productive mining is accomplished by combining the computing power of many miners into a group (commonly called a “pool” in crypto-mining terms) and sharing the rewards amongst the miners, (who own “shares” in the “pool”) and the pool operator. Some new cryptocurrency is created through a process called “mining” or “crypto-mining.” This process uses computing power to solve complex mathematical problems that are used to verify transactions and add blocks to the blockchain. Cryptocurrency (or “crypto”) can be used (in some cases) to purchase goods and services or traded for other currencies, including traditional fiat currencies (such as U.S. In case of a conflict between these Terms and the EULA, these Terms shall control.Ĭryptocurrencies are potentially valuable digital tokens based on blockchain technology and secured by cryptographic protocols. These terms or your use of Avira Crypto does not create a joint venture, partnership, employment or agency relationship with us. Capitalized terms not defined in these Terms have the meanings assigned to them in the EULA. These Avira Crypto Terms of Service (“Terms”) supplement the Avira Product End User License Agreement and Terms of Use (“EULA”). If you are located outside the United States or Canada, Avira refers to Avira Holding GmbH & Co. If you are located in the United States or Canada, Avira refers to Avira Inc. (”we,” “us,” “our,” or “Avira”) have determined meets the minimum system requirements for the Crypto program. The feature allows you to use your personal computer’s computation power for low-volume cryptocurrency mining while maintaining the high level of protection provided by your Product.Īvira Crypto is currently available only to select users of Avira Products that Avira, and our parent company NortonLifeLock Inc. Avira Crypto software is a specialized feature of your Avira Product.

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