Microsoft bans cryptocurrency mining on cloud services
Microsoft now requires users to obtain a written pre-approval from the firm in order to use Microsoft Azure for mining cryptocurrencies like Bitcoin. Cloud computing giant Microsoft is taking measures to increase stability of its cloud services by forcing new restrictions for activities like cryptocurrency mining. Microsoft has quietly banned crypto mining from its online services in order to better protect its customers and clouds, British technology news agency The Register reported on Dec. 15. The company introduced the new restrictions as part of its universal license terms of Microsoft Online Services. Microsoft updated its acceptable use policy on Dec. 1 to clarify that “mining cryptocurrency is prohibited without prior Microsoft approval.” In the “Acceptable Use Policy” section, Microsoft said that it now requires users to obtain a written pre-approval from the company in order to use any of Microsoft Online Services for crypto mining. Microsoft reportedly said that its latest ...