The new rules restrict the development of such apps because they consume batteries during the mining process, overheat the equipment, and create unnecessary pressure on equipment resources.
Apple announced on its website that 'App and any third-party advertisements displayed within the app cannot be used to perform unrelated background work such as cryptocurrency mining.'
Since mining requires a lot of energy and computing power, an iPhone or iPad is unlikely to be successful in 'excavating' Bitcoin, but Apple’s move can preemptively prevent future mining activities because it will be difficult to ensure that future needs will not arise. The less energy-intensive digital currency can also prevent developers from using the app to connect multiple devices together to complete a mining operation. According to Apple insiders, in fact, as early as 2014, Apple developed a cryptocurrency. Guided, because at the time the app store rejected Coinbase and other cryptocurrency apps, the reason being 'unresolved dispute'.
Apple did not respond to requests for comment from the media. The 'mining' behavior of cryptocurrency is basically a mathematical deduction performed by a high-performance computer. In order to trade Bitcoin, it must be verified through complex mathematical equations, then added to the so-called ' In the distributed book, 'miners' can get bitcoin as a solution.
According to Bitinco Mining Coinmint, on a computer, such a mining process would generate 1400 watts of power, waiting for the same blower.
Many apps on the iOS store claim to allow users to mine on personal devices, including 'Crypto Coin Miner' and 'Cryptocurrency Cloud Mining', etc. The latter also claims that users don't have to spend a lot of money, and do not have to directly participate in hardware and software. You can make money and get a cryptocurrency.
Last weekend, Bitcoin touched the lowest price in 2 months after the smaller Korean Exchange claimed a hacking attack. According to CoinDesk, the transaction price was close to US$6,726 on Monday.