Why Google Playstore change policies on cryptocurrency mining applications?

Google's position choice to banned cryptocurrency mining applications on its play store goes under a strategy refresh for Google Play engineers.
Google's refreshed approach as it influences mining applications is like Apple's which still permits mining applications if the processing happens in the cloud, but on-device mining is prohibited.
The policy states:
“We don’t allow apps that MINE cryptocurrency on devices. We permit apps that remotely manage the mining of cryptocurrency,”
Alongside crypto mining applications, dreary applications are presently disallowed in the Google Play store. These are applications that copy or give an indistinguishable affair from applications that as of now exist on the stage.
Google has expressed that applications can be expelled in the event that they duplicate substance from another without including any new or one of a kind element, or various applications that have comparable substance and client encounters.
From now, there would be no additionally replicating of substance from different applications without including unique or one of a kind substance or esteem, and not any more numerous applications with a similar substance and client encounter on the play store.

The ban on crypto mining packages comes at a time when google and apple are both beefing up efforts to limit activities associated with cryptocurrency mining on their platforms.
The recent record from skybox security shows that illicit cryptocurrency mining has now grow to be more famous than ransomware.
Skybox reported that crypto miners now account for 32 percentage of all cyber assaults, while ransomware simplest makes up 8 percentage. At the cease of 2017, those figures had been nearly exactly reversed.
Similarly, kaspersky lab stated in its last month report that incidents of crypto-jacking – a state of affairs in which hackers hijack a user’s device for crypto mining – spiked through 44.Five percent during the last 12 months.
Only a day earlier than the coverage replace, eset – an it security business enterprise that gives anti-virus and firewall products, warned google of 3 faux banking apps impersonating indian banks at the play save.
The packages had been designed to phish credit card range and online banking credentials the usage of bogus bureaucracy after which leak them on-line in plaintext.
While the ban on crypto mining apps would be a extraordinary blow, the underlying data and facts may be the cause why the tech giants determined to move on with the decision.