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- Dropbox, the cloud storage provider, is discontinuing its "unlimited" storage policy under its #Dropbox Advanced plan due to unexpectedly high usage patterns and unauthorized activities, including crypto mining. - The Dropbox Advanced plan, initially designed for businesses, unintentionally attracted customers who were using the platform for crypto mining and pooling storage. This led to storage volumes thousands of times larger than regular #business users, affecting service quality for all customers. - The exact details of how storage accounts were being used for cryptocurrency mining were not provided in the announcement. - To address these issues, Dropbox is transitioning to a metered model from the unlimited storage policy. Under the new model, customers purchasing the Dropbox Advanced plan with three active licenses will receive 15TB of shared storage space for the team. Each additional active license adds 5TB of storage. - The new policy will be implemented gradually starting from November 1. Customers needing more space can purchase storage add-ons, available to new customers from September 18 and to existing customers from November 1. - Dropbox's decision reflects the impact of #cryptocurrency-related activities on various industries, showing how the crypto landscape can influence operational strategies and adjustments across different sectors.

- Dropbox, the cloud storage provider, is discontinuing its "unlimited" storage policy under its #Dropbox Advanced plan due to unexpectedly high usage patterns and unauthorized activities, including crypto mining.

- The Dropbox Advanced plan, initially designed for businesses, unintentionally attracted customers who were using the platform for crypto mining and pooling storage. This led to storage volumes thousands of times larger than regular #business users, affecting service quality for all customers.

- The exact details of how storage accounts were being used for cryptocurrency mining were not provided in the announcement.

- To address these issues, Dropbox is transitioning to a metered model from the unlimited storage policy. Under the new model, customers purchasing the Dropbox Advanced plan with three active licenses will receive 15TB of shared storage space for the team. Each additional active license adds 5TB of storage.

- The new policy will be implemented gradually starting from November 1. Customers needing more space can purchase storage add-ons, available to new customers from September 18 and to existing customers from November 1.

- Dropbox's decision reflects the impact of #cryptocurrency-related activities on various industries, showing how the crypto landscape can influence operational strategies and adjustments across different sectors.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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