LocalBitcoins.com Down Due to Possible Hardware Failure
Popular bitcoin buying/selling connecting service LocalBitcoins.com has been suffering from an extended outage this weekend, with its numerous users unable to access the website for hours. The service - no stranger to periods of downtime - has remained rather quiet on this issue, leaving many questions what the issue is. They have, however, shed some light. Last posting on their twitter feed eleven hours ago (as of this writing), the service estimated an estimated time of repair to be approximately two hours - apologizing to users for the inconvenience. More information came in the form of....
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Editor's Note (2PM CST): LocalBitcoins.com is now back up. Users are reporting that withdrawals are working fine. Though the LocalBitcoins team had to rescind their ETA multiple times, they were very good about keeping users updated via twitter. Websites go down for various reasons: Scams aren't the most common reason but the idea sure sticks with you. Hardware failure is an incredibly unfortunate happenstance that many a miner can relate to. Clearly, LocalBitcoins had backups in case of this occurrence. Last week, LSM Labs took their website down without warning, a response to being....
Global bitcoin marketplace LocalBitcoins is operating again following over six hours of downtime it attributed to a 'hardware failure'. The company announced the outage at 20:22 UTC yesterday. By 03:02 it said the service was 'back up and running', though it appears some site functionality - including user logins - is still problematic. LocalBitcoins community manager 'Max' told Reddit the problem was related to the company's servers: "It seems a server got hung up ... We're about to move to new equipment as the current servers are quite old, sad that they had to crash before we moved."....
Bitcoin exchange LocalBitcoins is currently experiencing a lengthy outage brought about by server hardware issues. However, the exchange has reassured its users that all bitcoins are safe and sound. LocalBitcoins confirmed the outage in a blog post on Sunday with a brief statement: "Our server had gone down yesterday. The reason might be hardware failure. We are researching the issue and trying to get the site back up." The company also tweeted that no bitcoins or data had been lost in the outage: Trying to get service back up. Can't provide ETA yet. All btc is safe, all data is safe, this....
LocalBitcoins.com users remain at a stand still as we're well into the second day of a major outage that has brought down the popular bitcoin buying/selling service. The Swedish-based company remained rather quiet on the issue Saturday, simply noting that there was a "possible hardware issue" - but as of today, the company has placed a banner on their site saying: "Crap. The site is unavailable." LocalBitcoins took the opportunity to make the following points: The issue started on Saturday evening (in Central European Time). The issue is not in the least security related. The problem has....
The process of purchasing bitcoins on a LocalBitcoins ATM will not require an Internet connection. It seems a few arrests in Florida are not going to slow down progress over at LocalBitcoins. LocalBitcoins ATMs are now in production, and users will soon be able to make local trades without having to find a human counterparty. Their ATMs will allow anyone to buy or sell bitcoins, and the most amazing feature of these new devices might be that they don't require an Internet connection to function. Instead of connecting with your phone, the LocalBitcoins ATM will give a user a redeemable code....