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Comment: Four ways Apple could follow Tesla’s lead and make its move into Bitcoin

Apple Bitcoin/cryptocurrency

In 2020, big businesses and institutions really started jumping into Bitcoin. Now Tesla has invested $1.5 billion into the cryptocurrency and is working on plans to let customers pay with it when buying its EVs. While Apple often stands back and watches before stepping into something new (iPod, iPhone, etc.), I think now is the time for Apple to make its move into Bitcoin/cryptocurrency – here are four ways the company could do it and potentially disrupt the industry.

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Apple now explicitly bans background cryptocurrency mining in apps

Back in March, app developer Qbix thought it had hit on a great new way to make money from its Calendar 2 app for the Mac. Instead of charging users, or including intrusive ads, it offered users access to pro features in return for allowing cryptocurrency mining in the background.

Apple quickly put a stop to that, and has now updated its app guidelines to explicitly ban background currency mining …

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Hands-on: MobileMiner – how to mine cryptocurrency on an iPhone [Video]

When you think of a cryptocurrency mining rig, it’s easy to associate it with large rigs featuring multiple GPUs in some type of air-cooled room. While that may be true, not every cryptocurrency needs hulking GPUs and rigs designed specifically with mining in mind. In fact, thanks to a handy app called MobileMiner, it’s even possible to mine certain cryptocurrency from a device as diminutive as the iPhone in your pocket. Expand
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