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Crypto-currency

Apple Bans Cryptocurrency Mining on iOS Devices

And the war against digital money continues. Apple has joined the train that has Google, Twitter, Microsoft and Facebook in it after updating its App Store guidelines to prevent all apps from supporting on-device cryptocurrency mining. Henceforth, any app that has cryptocurrency mining feature will be deleted from the store and no fresh submissions will be accepted.

The new rule, which was introduced states that;

“Apps may not mine for cryptocurrencies unless the processing is performed off device.”

Also,

“Apps, including any third party advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining.”

The new guidelines may have been imposed over concerns regarding the longevity of the hardware and the battery. Cryptocurrency mining is a processor intensive activity that puts great demand on the hardware and the power supply and could affect the life of both.

Users casually running these applications after hearing about the cryptocurrency craze may not be fully aware of what they are getting into. Apple may have already had to face devices damaged by mining, which is probably why the company decided to act so strictly on the matter.

It’s worth noting that crypto mining on smartphones is almost a fruitless activity to start with as the processing power of these devices is not enough to finish the task quickly enough to earn enough out of it. Your device will be under load constantly for little to no reward so it’s not really worth it in the long run. Even desktop mining is fading as miners are realizing the ASICs are the only way to mine efficiently so smartphone mining is nothing more than snake oil at this point. So it’s probably for the best that Apple has put a restriction on it so fewer people fall for what is essentially a scam and damage their devices.

Source

Andre is a network engineer with a solid technical background and a proven record in building and troubleshooting computer systems, networking, website design and blogging with broad knowledge on call center operations and administration. Above all, a man with great desire in sharing his knowledge and views, cutting across technology, social and politics.

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