Apple’s Cryptocurrency Ban

Apple is cracking down on cryptocurrency on its platform,Yes it is time for a BitCoin Panic. The new rules for Apple’s cryptocurrency ban are aimed mainly at limiting the shadier side of cryptocurrency like unregulated ICOs and mining coins on your Apple hardware. The rules apply to both computers and phones, but are more restrictive on phones because of Apple’s secure and down right oppressive mobile ecosystem.

Apple sights the reason for Apple’s cryptocurrency ban is the excessive tool it takes on the resources of your device. 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. This could affect the life of both. Users casually running these applications after hearing about the cryptocurrency craze may probably have no idea the toll on their devices this mining it taking. Apple more then likely is already had to face devices damaged by mining, this would be a good prompt for  the company to decided to act so strictly on the matter.

Apple’s cryptocurrency ban, What it Means

So you are probably asking the big question Why? It’s part of wider restrictions against apps that drain battery, generate excessive heat, or strain a device’s resources. All of which take place during cryptocurrency mining.

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

I do want to clarify that Your favorite crypto wallet app is still in the clear. Even after an update to Apple’s developer guidelines for iOS and macOS. Apple’s ban on cryptocurrency will only affect mining for cryptocurrency. Not apps that allow you to manage, hold or spend cryptocurrency.

The Final Thought

Mining on your phone or tablet is futile and utterly impossible. Bitcoins value is dropping by the hour. This is a hard hook to the jaw to Bitcoin by Apples’s ban on cryptocurrency. Not that this will have any actual effect on bitcoin other then the perception of Apple bans cryptocurrency.