Outages – DIGIT INFO

Solana records 1 outage in first half of 2023, 100% uptime in Q2

DIGIT — Fri, 21 Jul 2023 04:32:12 +0000

The Solana network is seeing steady improvements in performance and reliability as outages become more infrequent.

Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns

DIGIT — Sat, 25 Feb 2023 21:00:29 +0000

The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that a coordinated restart was launched to accelerate block finalization. Solana Blockchain Deals With ‘Large Forking Event’ […]

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Solana Struggles to Remain in the Top 20 as Prior Ties to FTX and Alameda Wounded the Project

DIGIT — Fri, 16 Dec 2022 18:30:55 +0000

Amid the market chaos within the crypto economy and following the climactic FTX collapse, the crypto asset solana has been one of the hardest hit during the last 30 days. Since FTX’s fallout, the digital currency lost 8.5% over the last month against the U.S. dollar and to date, it’s down 94.9% since the all-time […]

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Solana’s co-founder addresses the blockchain’s reliability at Breakpoint

DIGIT — Mon, 07 Nov 2022 06:35:13 +0000

In 2022 the blockchain has suffered from ten partial or full outages along with slow block times and Solana’s co-founder said it’s “not the experience that we want to deliver.”

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Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners

DIGIT — Thu, 17 Feb 2022 13:30:04 +0000

The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining destination. Crypto Miners Should Have Access to Cheaper Power, Economy Ministry Says Amid […]

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Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country

DIGIT — Mon, 10 Jan 2022 12:30:08 +0000

The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country will nevertheless remain an attractive location for miners. President Tokayev Has […]

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Power Outages in Russia’s Irkutsk Region Blamed on Home Miners

DIGIT — Sun, 02 Jan 2022 21:00:29 +0000

Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains the lowest electricity rates in Russia. Subsidized household energy has turned mining into a source of income for many locals. Electricity Consumption Spikes Amid Spread […]

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Avalanche Web Wallet Stalls For 6 Hours After Avalaunch Airdrop Snapshot

DIGIT — Tue, 04 May 2021 20:30:13 +0000

The Avalanche cryptocurrency, the first cryptocurrency ever to implement the Avalanche consensus, experienced an outage of service yesterday when its web wallet presented an outage that lasted for six hours. This was the consequence of severe congestion due to an airdrop carried out by AvaLaunch, leaving users without control of their funds for this period. […]

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Thai Financial Watchdog Asks Local Crypto Exchange to Fix Issues After Three Massive Outages

DIGIT — Fri, 22 Jan 2021 05:30:48 +0000

The Securities and Exchange Commission of Thailand (SEC) issued an order against a local cryptocurrency exchange to temporarily stop its operations. Bitkub has been in the headlines since the start of the year due to several outages suffered in their systems. Crypto Exchange Suffered Three Massive Outages Since the Beginning of 2021 According to Bangkok […]

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User Reports Reveal Visa and Mastercard Outages During the Holidays

DIGIT — Fri, 27 Dec 2019 21:49:43 +0000

Having problems with payments around Christmas can be frustrating, especially for those who leave gift buying till the last minute. With calmer markets this holiday season, the crypto ecosystem has been operating relatively smoothly, with few exceptions. The fiat world, however, saw some glitches that affected card payments in particular. Also read: New Ukrainian Law […]

The post User Reports Reveal Visa and Mastercard Outages During the Holidays appeared first on Bitcoin News.

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