Cryptocurrency mining banned by Apple for iPhones, iPads
Cryptocurrency app is draining the battery of Apple iPhones and iPads. Apple has recently announced the ban on the use of cryptocurrency on iPhone and iPads.
According to the apple app store guidelines, "Apps may not mine for cryptocurrencies unless the processing is performed off the device." This condition was lacking from the same document just a few weeks ago.
The company’s new policy is apparently motivated in part by concerns that cryptocurrency mining could drain the batteries of mobile devices. The policy says, "Apps, including any third party advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining."
The site was fighting to resolve the issue for months: people were submitting ads to ad networks that sealed the user’s CPU to mine cryptocurrency and send the profits back to the creators. Apple's new policy seems to go beyond obviously abusive cases of secretive cryptocurrency mining. The rules ban any on-device mining even if users purposely download an app whose explicit purpose is to mine for the cryptocurrency.
Gizmos which are working on iOS will not qualify as good mining hardware anyway. Bitcoin cryptocurrency mining has long been dominated by custom ASIC chips. There are cryptocurrencies which are designed to resist ASIC, even though predominantly mined on high-end graphics cards with ample processing power and memory. There is not much computing power per dollar for iPad or iPhone. So, if you are about to buy iPhone or iPad for mining it will not make any sense.
Apple rules also state that cryptocurrency apps, "may not offer currency for completing tasks, such as downloading other apps, encouraging other users to download, posting to social networks."
Google and Facebook banned cryptocurrency ads from the websites early in this year. And the Securities and Exchange Commission has become increasingly aggressive about shutting down initial coin offerings that are fraudulent or otherwise break the law.
Image via Shutterstock
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