Apple: Don't Mine Cryptocurrencies on an iPhone

Apple Bans Cryptocurrency Mining

Apple Updates App Store Guidelines, Tightens Rules for Crypto-Related Apps

Earlier in the year, Apple removed Calendar 2 from the Mac App Store because the app would offer mining cryptocurrency on devices in exchange for premium features.

Preventing cryptocurrency mining is crucial on iOS because this untethered mining operations can easily overheat or destroy batteries -or even devices if the battery case deforms, leaks, or catches fire.

Another section of Apple's App Store review guidelines allows apps to mine for cryptocurrencies only if the process is performed off the device.

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Apple's recently updated developer guidelines include a message meant to ward off would-be cryptocurrency miners. "Apps, including any third party advertisements displayed within them, may not run unrelated background processes, such as cryptocurrency mining", the new guideline reads. It should be noted that the upcoming smartphones such as HTC Exodus and the Sirin Finney that support Blockchain will also not be able to have power to handle cryptocurrency mining.

The update also attempts to halt rising concerns referred to as phone cryptojacking.

(Kitco News) - Tech giant Apple has taken a major step against cryptocurrencies by outlawing digital mining on all of its devices, including iPhones, iPads, iMacs, MacBook Pros, and others. This could give Apple grounds to remove the Onavo app, although the software is still available despite the rules kicking in last week.

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Section 2.4.2 of Hardware Compatibility now states, "Design your app to use power efficiently". Similarly, apps involved in initial coin offerings, bitcoin futures trading, or other cryptocurrency securities trading need to be from the banks, firms, or other approved financial institutions.

As reported earlier today, Apple's crackdown on App Store privacy bans applications that "collect information about which other apps are installed on a user's device for the purposes of analytics or advertising/marketing".

Images courtesy of Shutterstock.

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