cryptocurrencies and its miners are having a rough year. While some of the miners were on the verge of bankruptcy, bad news for miners came from Microsoft, one of the largest technology companies in the world.
Microsoft online services without prior approval in the policy terms it has updated this month. cryptocurrency mining stated that it was prohibited.
The update, which introduced a ban on cryptocurrency mining, went into effect at the beginning of December.
It was stated that the ban in question applies to all users, including Microsoft’s paid customers.
“The update prohibits users from mining Microsoft’s online services, largely in relation to cloud platform Azure, which is the process of adding transaction records to verification and proof-of-work blockchains.
Neither the customer nor anyone accessing an online service through the customer may use the online service to mine cryptocurrencies without Microsoft’s prior written approval.”
After the update, the activities performed and signed by people who have written permission from Microsoft will be known and followed by Microsoft.
With this decision, Microsoft Google Cloud and joined Oracle. Because Google Cloud and Oracle also do not allow their services to be used in cryptocurrency mining activities without permission.
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