MyWi is a popular jailbreak application that allows you to turn your iPhone into a mobile WiFi hotspot, using your carrier’s data plan with a press of a finger! This morning refreshing Cydia sources I notice MyWi was updated to version 4.11.2, which fixes a disconnect issue after 4-10 minutes for some users and adds support for iOS 4.2.1

MyWi 4.0 new features and improvements:

  • Faster performance
  • Lower battery consumption
  • Choose the In Use Indicator that you want:
  • Status bar icon (no battery use)
  • Blue pulsing bar (10% – 15% more battery)
  • Adjust the WiFi transmit power (Between 30% and 100%)
  • Battery consumption meter
  • USB Bridge mode. (Connect your laptop over USB to the phones 3G or WiFi connection!), Finally make use of all that free WiFi your iPhone/iPad gets!

Original features:

  • Create WiFi Hotspot to connect multiple laptops or mobile devices to share your iPhone’s internet connection
  • 40 bit and 104 bit WEP security to prevent others from accessing your WiFi HotSpot
  • Ability to enable USB Tethering on your iPhone
  • Broadcasts the Network Name (SSID) – no need to fuss with creating an adhoc network on your laptop
  • Shows up and down bandwidth usage

Note: Works with all jailbroken iPhones (including 2G/3G/3GS/4) and iPad on 3.1.2 or later.

MyWi 4.0 is available in the Cydia Store via ModMyi repository for $19.99, and MyWi 3.x users can upgrade for $9.99

Got an iPad? Check out our How To: Tether Your iPad From Your iPhone

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