Apple Bans Cryptocurrency Mining On All Devices

Attendees wait for an announcement of new products at the Apple Worldwide Developers Conference in San Jose California

After Google, Facebook, and Twitter, now it's time for Apple to join its Silicon Valley counterparts in restricting the crypto industry. "Apps may facilitate virtual currency storage, provided they are offered by developers enrolled as an organization", the policy states.

As bitcoin prices peaked near $20,000 in December 2017, Apple unveiled a new section of guidelines specific to cryptocurrencies and ICOs on December 20. Apps also can not offer cryptocurrencies as a reward for performing certain tasks such as downloading certain apps, or posting messages on social media.

"Apps may not mine for cryptocurrencies unless the processing is performed off device (e.g. cloud-based mining)", Apple notes.

This step was taken by the firm considering the degradation of device performance and battery life due to mining as in the performance section of the guidelines Apple noted: "Apps should not rapidly drain battery, generate excessive heat, or put unnecessary strain on device resources".

Since the App Store is virtually the only place to acquire software for iPhones, iPads, iPod touches, Apple TVs, and Apple Watches, Apple's decision will effectively end crypto mining on those devices.

The ban applies for apps designed explicitly with mining operations in mind.

Mac and iOS users haven't been targeted as much as web servers and Windows users, who've taken the brunt of most coinmining malware campaigns, but Apple has seen at least one incident in March when a cryptocurrency miner slipped on the Mac App Store inside the Calendar 2 app by Qbix.

Apple additionally wants to ensure the seriousness of Initial Coin Offerings, cryptocurrency futures trading, and other crypto-securities or quasi-securities trading. Exchanges are fine, too, as long as they are the ones offering transactions or transmissions of currency. Finally, cryptocurrency apps can't offer currency as a reward for downloading other apps, posting to social networks or encouraging other users to download apps.

Related News:

  • Fox News host apologizes for calling Kim Jong Un, Trump 'two dictators'

    Fox News host apologizes for calling Kim Jong Un, Trump 'two dictators'

    Another individual wrote: "When Freudian slip is intentional and all pretence of subtlety is openly mocked as diplomacy". She apologised on her show and on Twitter as critics called her gaffe a "Freudian slip ".

    E3 2018: Square Enix reveals The Quiet Man

    Square Enix and Capcom, meanwhile, will have a Final Fantasy XIV - Monster Hunter World crossover event slated for Summer 2018. From the debut trailer, it seems like cutscenes will be in live-action, but the gameplay will look like a standard game.
    Egypt frees 32 Ethiopian prisoners during PM's visit

    Egypt frees 32 Ethiopian prisoners during PM's visit

    The dam is expected to be Africa's largest dam that will produce around 6,000 megawatts of electricity for Ethiopia. Talks over the Grand Renaissance Dam, Ethiopia's $4 billion hydroelectric project, have been deadlocked for months.
  • Residents recognised by the Queen in 2018 Birthday Honours List

    Residents recognised by the Queen in 2018 Birthday Honours List

    Some 210 people have been made an OBE this year, 392 an MBE, and 318 awarded a BEM (British Empire Model). Television gardener Monty Don has been awarded an MBE in the Queen's Birthday Honours.
    Jaguar Land Rover to move Discovery production to Slovakia

    Jaguar Land Rover to move Discovery production to Slovakia

    The Solihull plant will be converted to manufacture electric and hybrid cars which the company will switch to making from 2020. Fundamentally, the technology upgrade in Solihull will account for a third of the plant.
    Rafael Nadal overcomes cramp to add to French Open trophy collection

    Rafael Nadal overcomes cramp to add to French Open trophy collection

    Nadal clinched an 11th French Open with a 6-4, 6-3, 6-2 victory against Dominic Thiem on Sunday to take his majors total to 17. The 32-year-old world number one now has 17 Grand Slam titles, just three behind great rival Roger Federer .
  • The Awesome Development of Captain Spirit [E3 2018] [ESRB]

    The Awesome Development of Captain Spirit [E3 2018] [ESRB]

    The episode is a self-contained narrative experience allowing players to discover plenty of hidden secrets with each play-through. You don't have to have owned any other Life Is Strange games; you don't have to pre-order the sequel - you can just download it.
    Elon Musk's flamethrowers are listed on eBay for as high as $20,000

    Elon Musk's flamethrowers are listed on eBay for as high as $20,000

    The Boring Company is a tunnel construction business founded in 2016 to provide the infrastructure for an underground Hyperloop. Musk tweeted that the instruction manual drew its inspiration from Dr.
    Germany's Merkel calls Trump's G7 slams 'sobering,' 'depressing'

    Germany's Merkel calls Trump's G7 slams 'sobering,' 'depressing'

    During the talks in Quebec , Trump surprised G-7 leaders by proposing an end to all tariffs and trade barriers. Trump was said to have lobbied hard to have Vladimir Putin's position within the "G8 summit" restored.
  • Singapore Offers to Pick up Kim Jong-un's Bills

    Singapore Offers to Pick up Kim Jong-un's Bills

    He also shared a photo of himself and Trump and told the entire world that he's "honored" to call the president a friend. Four of the nation's six nuclear tests have taken place since Kim took power in 2011.
    International House of... Burgers

    International House of... Burgers

    After IHOP revealed the meaning behind its name change to IHOb on Monday, Wendy's went after the former pancake house on Twitter . Well, the time is finally here and pancake enthusiasts may be surprised to find out that the "b" will actually stand for burger.

    Star Fox is back in 'Starlink: Battle for Atlas'

    Maybe you haven't heard of or paid much attention to Ubisoft's upcoming sci-fi starship adventure, Starlink: Battle for Atlas . On Switch, the game will be getting Star Fox-related content, with Fox McCloud shown off in an ARWing in a trailer .


Most liked

Larry Kudlow had heart attack, Donald Trump says
He previously worked as a host on CNBC, and before that as a banker and economic adviser in the Reagan administration. Kudlow's condition wasn't immediately released by Walter Reed National Military Medical Center in Bethesda, Maryland.

Rafael Nadal reaches 11th French Open final, will face Dominic Thiem
The Romanian broke at the start of the second set and then held for 6-3 as Kerber dropped her serve again in the ninth game. Del Potro missed another chance at 2-0 in the second set and from that point there was only going to be one victor .

Air Force Captain AWOL For 35 Years Is Arrested In California
He told authorities after his capture Wednesday that he was depressed about being in the Air Force and chose to leave. Investigators said this week that Hughes had returned to the United States and begun living under an assumed name.

Kim summit set for Singapore's Sentosa Island - White House
Dennis Rodman has made multiple trips to North Korea and has referred to Kim Jong-un as his "friend". The letter, handwritten by Kim Jong-un in Korean, expressed the dictator's desire for the summit.

U.S. attorney general curbs asylum for immigrant victims of violence
The attorney general's decision could impact thousands of asylum seekers and has sweeping implications for United States immigration courts.

Poundworld goes into administration, putting 5,100 jobs at risk
Toys R Us has already gone into liquidation this year while electronics retailer Maplin is still in administration. It's not known how many people are employed at the branch in Corporation Street in Corby and Northfield Avenue.

Supreme Court decision allows states to purge voter rolls
The big news in voting rights this week was the Supreme Court decision on Monday that upheld Ohio's aggressive voter-purge system. If that person not respond and doesn't vote over the next four years, they are dropped from the registration list.

Planet 600 Light Years Away From Earth Discovered by Indian Scientists
The discovery was made by the astronomy team headed by Professor Abhijit Chakraborty of PRL . "It's closer to Neptune", he said . It's very hard to discover an exoplanet because they are usually billions of times fainter than the stars they orbit.

The Trump-Kim Summit: What You Need to Know
The meetings also served as an ice breaker of sorts as the teams worked to get better acquainted after decades of minimal U.S. Trump landed at Paya Lebar Airbase on board Air Force One after cutting short his time at the G7 summit in Canada.

Anthony Bourdain's Ex Posts Photo Of Their 11-Year-Old Daughter's Performance
McGowan says Bourdain and Argento had a "free relationship" and "loved without borders of traditional relationships". Anthony's depression didn't let him, he put down his armor, and that was very much his choice.

How did Anthony Bourdain die? Heart-breaking details reveal cause of death
While at Les Halles, he found fame after the publication of " Kitchen Confidential ". "It's a wrap!" she wrote in the caption. If you are ever experiencing suicidal thoughts, call the National Suicide Prevention Lifeline at 1-800-273-8255.

Trump turns nasty against allies at G-7
Trump made the comments in tweets from Air Force One as he headed to Singapore for his summit with North Korea's Kim Jong Un . Trump did smile and wave with the other leaders at the traditional posed "family photo", on a bluff high above the St.

Pompeo downplays feud between United States and G7 allies
Kudlow, in a separate TV appearance, said Trudeau was "polarizing" and "really kind of stabbed us in the back ". I think that Trudeau has tried the right thing, he's been trying to use flattery and befriend Trump.

Woman drove with 2 children in pet kennels, arrested
According to an affidavit, they said their grandma told them to sit in the cages because there wasn't enough room in the backseat. Another neighbor told Fox 13 Cheeks "loves her grandkids" and that they were "always outside playing with the dogs and stuff".

US net neutrality rules expire, court battle looms
The net neutrality protections prohibited internet providers from favoring or blocking access to particular products or websites. Net neutrality was repealed previous year under an order called the "Restoring Internet Freedom" order.