News

Crypto Miners Led Dropbox To Ban Unlimited Storage Plan; Here’s How

Cloud storage platform Dropbox complained that crypto miners were responsible for misuse of its unlimited storage space.
Published by
Crypto Miners Led Dropbox To Ban Unlimited Storage Plan; Here’s How

In a bizarre turn of events, cloud storage platform Dropbox complained that crypto miners were responsible for misuse of its unlimited storage space plan. The company said individuals from the crypto market were pooling storage space from its Advanced subscription to make way for their own use cases.

Also Read: Donald Trump’s Surprise Return to X Fuels Surge in Trump NFT Sales

Advertisement

Dropbox Reveals Crypto Miner Misuse

The company revealed that it found users pooling in cloud space to use for crypto mining and more particularly for Chia, a cryptocurrency with a market cap of $250 million. In a statement, Dropbox said the some of the offenders were also reselling the pooled spaces. “Unrelated individuals pooling storage for personal use cases, or even instances of reselling storage,” it said.

Interestingly, the company began to be suspicious of the misuse when some of these accounts were frequently using up thousands of times more storage compared to the genuine business customers. It said that a growing number of these suspicious “customers” were buying its Advanced subscriptions not to run a business or organization, but for use case like crypto mining related activity. Hence, the company decided to remove the unlimited plan:

“As a result, we are sunsetting the “as much space as you need” policy and transitioning to a metered model.”

The Chia network, which is a layer 1 blockchain, works on a unique consensus mechanism called proof-of-space-and-time

Also Read: DeFi Today: Uniswap Dominance, DYDX Rise And DeFi TVL At 2.5 Year Lows

Advertisement

Share
Anvesh Reddy

Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Bitget US Stock Futures Trading Volume Surpasses $200 Million

Victoria, Seychelles, October 20, 2025 — Bitget, the world’s largest Universal Exchange (UEX), announced that…

October 21, 2025
  • News

Binance Founder CZ Predicts Bitcoin Will Flip Gold’s $30 Trillion Market

Binance founder Changpeng Zhao, known as CZ, has reignited the long-running debate between Bitcoin (BTC)…

October 21, 2025
  • News

Trump Tariffs: U.S. President Threatens 155% Tariff on China, Bitcoin Falls

U.S. President Donald Trump has again threathened higher tariffs on China if they fail to…

October 20, 2025
  • News

Hassett Says Government Shutdown Could End This Week as Crypto Markets Brace for Inflation Data

GWhite House economic advisor Kevin Hassett said the ongoing U.S. government shutdown could end this…

October 20, 2025
  • News

‘Floki Is The CEO’: FLOKI Surges Over 20% After Elon Musk’s Name Drop

Elon Musk shook the crypto market by posting an image of his Shiba Inu dog,…

October 20, 2025
  • News

Breaking: Ripple-Backed Evernorth to Establish $1B XRP Treasury to ‘Accelerate’ XRP’s Adoption

Evernorth has announced plans to go public and launch the largest XRP treasury as part…

October 20, 2025