Crypto Mining Apps For Mobile Devices Are Still Available In Google Play
Google, one of the most important companies all over the world, announced that it had a plan to stop the distribution of cryptocurrency mining apps on the Play Store. However, there are several applications that users can download and start mining virtual currencies.
According to Google, they do not allow apps that mine virtual currency with users’ devices. Instead, it allows applications that remotely manage the mining of digital assets.
What ABout JSEcoin?
For example, we can mention JSEcoin, a blockchain startup located in Great Britain that works on a browser-based mining solution. The main intention is to change the way website owners get their revenue, changing it from advertising to cryptocurrency mining.
The company announced that it rolled out a mobile application to the Play Store.
It is possible for the user that downloads the app to manage the mining information you have remotely. But it also allows the user to mine virtual currencies using the mobile device. The latter feature clearly goes against Google’s new policy, but the app is approved for listing.
John Sim, JSEcoin co-founder and chief technology officer, said that the mining activities could be performed directly on mobile devices.
“We have additionally reachout to the Google Support team to confirm if we are allowed to allow our users to mine our tokens via our official app – as we are aware of their restriction policy,” commented John Sim.
Google has also given a clarification on how the cryptocurrency mining policy works and how it is enforced. They said that Google regularly updates their developer policies according to current best practices in order to maintain a safe and positive experience for those developing and using Google Play.
After TheNextWeb talked with Google, they deleted the JSEcoin app from Google Play. Coincidence?
Sim commented that Google decided to suspend the application because there was a violation of the terms. One of the main characteristics of this application is that it was using low CPU consumption used, but they are not allowed to enable mining.
The company explained that it will be discussing with Google about the options available to keep in Google Play. Until now, there is a new application that does not include the mining capability and feature.
The developing team behind JSEcoin said that there is another JSEcoin application that is available in Google Play but that has not been developed by the company.
But JSEcoin is not the only application that had included mining capabilities. Indeed, there are several other ‘mining-apps’ available on the Play Store.
Indeed, the application MinerGate has been live for over a year and has more than 1,000,000 downloads. Indeed, the application allows users to directly mine Monero and Bytecoin using their smartphones.
MinerGate has more than 8,000 reviews and some users say that they made important profits. Other individuals say that they couldn’t transfer any mined coins to a wallet, and called the application a scam.
The interesting point here is that the application supports mining activities directly using the device. When the application runs, the telephone gets hot and the battery drained much faster than it usually does. Moreover, it can be confirmed that the application is mining after using a mobile web traffic monitoring solution.
Cryptocurrency mining is related to solving difficult mathematical problems in order to receive a monetary reward. And this applies to Monero and other virtual currencies that can be mined using CPU power. Bitcoin, instead, requires more processing power that can be achieved with ASIC miners.
But MinerGate is not the only application that claims to mine virtual currencies with your smartphone. There are others that offer the same services, including Crypto Miner PRO, Pocket MIner, AA Miner and NeoNeonMiner.
For example, the developer of Crypto Miner PRO, known as Jesus Oliver, has other five virtual currency mining applications to his name that are available on the Play Store.
These applications are part of an important issue that we shouldn’t avoid, and is the fact that there are malicious virtual currency applications and scams. Google has been trying to stop these kinds of applications that may include cryptojacking scripts.
There are several security researchers and experts that agree with the position that google has taken with this issue.
“I think this is a good move,” explained Lukas Stefanko, an important and recognised security researcher. “Banning mining apps makes sense because most of them were jus adware, fake apps, or simply mining for the developer – not the user.”
Other specialists believe that this is a good measure that has been taken by Google to protect users and individuals using applications from the store.
If you leave your phone mining, there is a higher risk of suffering a physical damage. “If you leave a mobile device plugged in while mining cryptocurrency unthrottled, there is a legitimate risk it could lead to physical damage.”
But the risk of mining virtual currencies with smartphones does not disappear by deleting the application from them Store. Instead, it is necessary to take a broad action. There is a rise of third-party cryptocurrency mining applications that come from untrusted developers. That means that there is even a higher risk of suffering from fraudulent apps.
Of course, Google should take all the necessary policies to enforce their rules. But even when the mining apps and the fraudulent developers are removed, the risk still exists for those searching to mine cryptocurrencies using their smartphones.
There are cryptocurrency miners that are specifically designed to mine virtual currencies. Using a smartphone to do it is not efficient and the risks are very high. Moreover, the profits if everything goes well are very tiny or almost nonexistent.
The best what a user that wants to mine virtual currencies can do is to buy specific devices that are built exclusively to mine cryptocurrencies. Most of the virtual currency mining devices are produced by Bitmain, a Chinese company founded by Jihan Wu.