Microsoft has banned crypto mining on its online services
Microsoft has forbidden crypto mining on its online services. The corresponding paragraph is included in the list of Universal License Terms for Online Services. The policy update came into force on December 1, 2022.
This rule applies to all online services hosted on Microsoft servers. First of all, the update is aimed at corporate users of the company’s cloud services.
The company noted that customers cannot use web services to mine crypto without prior written permission from Microsoft.
The representatives of the company explained that the ban is connected with the fact that the use of web services for mining can cause malfunctions and harm other users. In addition, mining is often associated with the activities of malicious persons.
According to Microsoft’s representatives, the new rule is aimed at improving client security. A permission to crypto mining can be granted to those who need it to test methods for detecting cyber threats.
According to experts, one of the reasons for this ban could be the unstable situation in the crypto market. Currently, the price of many popular tokens is falling rapidly. So, Microsoft could have doubts about the solvency of miners.
Some other companies have also imposed a ban on crypto mining on their services. For example, Google Cloud and Digital Ocean do not allow miners to use their services without special written permission. Oracle and OVH have completely banned crypto mining.
Earlier, Google Cloud published a report presenting the main threats to cybersecurity. According to it, the main purpose of hacking Google Cloud accounts is to use them for cryptocurrency mining.