In a move to crackdown on mining apps, Google has updated its Play Store policy to ban apps that mine cryptocurrencies on user devices.
The new policy now reads “We don’t allow apps that mine cryptocurrency on devices. We permit apps that remotely manage the mining of cryptocurrency.” With this in mind, smartphone users will only be able to download apps that allow them to control mining hardware, or cloud mining services from afar.
The decision was likely taken because of apps that included secret mining software. While there are apps that allow users to explicitly mine crypto with their phones, doing so is likely a waste of mobile processing power, due to decreased profitability rates associated with low-powered hardware.
At this time, it is unclear whether the updated policy regards new apps only, as the Play Store still offers several mining apps for download.
Google has therefore followed a similar move made by Apple in June, which banned both mining apps and those which held crypto giveaways, in exchange for promotion and downloads. Apple’s new policy states: “Apps may not mine for cryptocurrencies unless the processing is performed off device (e.g. cloud-based mining).”
However, in April this year, Google also banned Chrome extensions focusing solely on mining, alongside ads related to cryptocurrencies, wallets, exchanges and digital asset trading. Ads were reportedly forbidden due to an increasing number of scams, and an inability to verify whether the advertised services were genuine.
Despite the recent moves against the market, Google remains bullish on blockchain, granted Google’s Cloud Services foray into the blockchain market. Additionally, the search engine giant has also added support for Bitcoin, Litecoin and Bitcoin Cash to its currency exchange converter.
Based on these aspects, what are your thoughts on Google’s updated policies for cryptocurrencies? Let us know in the comments below.