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Microsoft Bans Cryptocurrency Mining on Cloud Serv

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Cloud computing giant Microsoft has quietly banned crypto mining from its online services in order to better protect its customers and clouds, according to The Register, a British technology news agency.

The new restrictions were added as part of Microsoft Online Services’ universal licence terms. On December 1, Microsoft updated its acceptable use policy to state that “mining cryptocurrency is prohibited without prior Microsoft approval.”

Microsoft stated in the “Acceptable Use Policy” section that it now requires users to obtain written pre-approval from the company before using any of Microsoft Online Services for crypto mining.

Microsoft reportedly said that its latest crypto mining restrictions aim to protect the online services from risks like cyber fraud, attacks and unauthorized access to customer resources, stating:

“We made this change to further protect our customers and mitigate the risk of disrupting or impairing services in the Microsoft Cloud.”

According to reports, the company may consider granting permission to mine cryptocurrency for testing and research purposes in order to detect security flaws.

According to some reports, Microsoft cloud computing systems have suffered notable capacity shortages in recent years due to continuing supply-chain limitations. More than half a dozen Azure data centers are reportedly expected to remain limited until early 2023.

Microsoft joined many other cloud computing providers, such as Google, Oracle, Digital Ocean, etc who have either banned or restriction on cloud computing. 

(Reporting by Shikha Singh, Editing by Kapil Rajyaguru)

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