Minecraft server introduces bitcoin

Announcements | July 7, 2015 By:

On Friday, June 26, PlayMC announced the introduction of bitcoin to the Minecraft world as a way of teaching children about digital currency.

The server, PlayMC, features an in-game currency called ‘bits’ which the company has set at 100,000,000th of a bitcoin (commonly known as a ‘satoshi’). The unit was chosen for its ease-of-use, as it represents a whole unit and allows players to be rewarded seemingly on a larger scale.

While in-game currencies exist in several different minecraft worlds, using bitcoin means that players can take their money out of the game and use it in the real world too.

PlayMC has an extensive explanation of bitcoin and its in-game Bitconomy on the company website.