2 weeks ago

Mac Software Mines Cryptocurrency in Exchange for Free Access to Premium Account


Nothing comes for free, especially online.

would certainly you be okay with allowing a few paid services to mine cryptocurrencies using your system instead of paying the subscription fee?

Most free websites as well as services often rely on advertising revenue to survive, nevertheless currently there is actually a completely new way to make money—using customers’ computer to generate virtual currencies.

the idea was found in which a scheduling app, dubbed Calendar 2, was embracing cryptocurrency mining in exchange for free access to its app premium features, nevertheless the developer has to take the idea down by the Apple App Store following reports in which the idea’s not working as intended.

Cryptocurrency mining is actually not a completely new concept, nevertheless the technology has recently exploded after hackers found the idea a great way to make millions of dollars by hijacking computers to secretly perform cryptocurrency mining from the background without users’ knowledge or consent.

Due to in which cryptocurrency mining has emerged among the biggest threats in recent months, raising negative sentiments towards in which alternative revenue scheme.

However, the idea seems in which Apple has no problem with in which alternative if app developers take user’s consent to mine cryptocurrencies.

Developed by Qbix, Calendar 2 includes more features than the regular Calendar app in which comes bundled with macOS, as well as cost $0.99 per month or $17.99 one-time fees via in-app purchases.

However, the app recently included a default feature in which unlocks ‘advanced’ paid features of Calendar 2 by allowing the app to mine the digital currency known as Monero (XMR) for its developer from the background.

nevertheless unfortunately, the app contains two serious bugs: one in which kept the Monero miner running, even if users tried to opt-out of the default setting, as well as a second issue in which caused the miner to consume more CPU duty cycle than originally intended.

“the idea ate 200% CPU until I found the idea as well as killed the idea. I didn’t expect a miner infection by an App Store vendor. Wow. the idea runs the xmr-stak Monero miner,” one user on Twitter reported.

In response to the reports, Qbix founder Gregory Magarshak acknowledged the issues as well as decided to remove the mining function by his app, citing some issues with the miner’s source code, the feature’s buggy launch as well as a personal dislike for “proof of work” computing.

Even though the miner is actually removed by Calendar 2, the idea’s unclear whether the cryptocurrency mining within apps breaches App Store terms of service, as Calendar 2’s method of openly embracing mining in exchange of paid services is actually completely new to the Mac App Store.

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Security Hacks

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