Reddit back up: Site resolves ‘major outage’ after nearly 6 hours

The platform said "things are back in order" after it identified and fixed an internal systems issue that took its website offline for almost six hours.

Social media platform Reddit is back online after it identified and implemented a fix for a "major outage" that made browsing impossible for desktop and mobile users for almost six hours.

The platform first noted it was offline at 7:18 pm UTC, according to Reddit Status, and said it was working to identify the issue.

*Screenshot of the r/Cryptocurrency subreddit during the outage. Source: Reddit*

About 30 minutes later at 7:56 pm UTC, it said it had identified an internal systems issue and is working to determine a fix, finding a confirmed fix around two hours later, stating:

"We’ve identified a fix which may take some time to implement, in the meantime ready your bananas (or eat them!)."

In an update four hours after its initial announcement, Reddit said it had "implemented our fix" and was "slowly allowing things to ramp back up" and later confirmed "things are back in order" after a nearly six-hour outage.

Users who visited the website when it was offline saw blank boxes in some places where threads and comments would normally be shown. As of writing the website pages now show content and it appears to be functioning normally.

Reddit is a popular platform for cryptocurrency investors and enthusiasts, with some of the more popular subreddits including r/CryptoCurrency, r/Bitcoin and r/CryptoMarkets.

According to APE Wisdom, the top trending cryptocurrencies on Reddit (by the number of mentions) in the past 24 hours include Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC).

China

Beepool, the fourth largest Ethereum mining pool will shut down operations following Beijing’s anti crypto posture.

BeePool, the fourth largest Ethereum mining pool, is closing amid China's crypto crackdown.

The China-based Ethereum mining pool announced on Tuesday it will suspend operations "in response to the latest regulatory policies."

Effective immediately, the registration of new users and the addition of sub-accounts for existing users will be discontinued, and all mining access servers are expected to stop operating by October 15.

The announcement comes just a day after news broke that SparkPool, the second largest Ethereum mining pool, will suspend operations by the end of the month for similar reasons.

Between them, BeePool and SparkPool account for more than one quarter of Ethereum’s hashrate.

pic.twitter.com/MEZJyIqued
— beepool.org (@beepools) September 28, 2021

Following a lull in its crypto crackdown, late last week it became clear the People’s Bank of China was ramping up a suite of new measures and promoting stronger inter-departmental coordination to suppress crypto activity. The measures aim to cut off payment channels, dispose of relevant websites and mobile applications in accordance with the law.

The mining crackdown has focused for months on Bitcoin mining which saw a major exodus of mining operations from the country. Now, the Chinese government’s focus appears to have shifted to Ethereum.

On Monday the Guangming media outlet reported that authorities in the autonomous region of Inner Mongolia had seized 10,000 Ether mining machines from a warehouse after a tip-off. The miners were consuming 1,104 kWh of electricity.

According to the publication Inner Mongolian authorities have shut down 45 virtual currency mining projects so far, reportedly saving 6.58 billion kilowatt-hours of electricity per year, which the outlets claims is equivalent to two million tons of standard coal.

The mining crackdown has contributed to the ETH price dropping below $3,000 yesterday and it is currently trading at $2,863.71 according to CoinGecko.

BeePool has been operating for four years and the mining pool currently accounts for 6.7% of the Ethereum mining share with over 3,000 blocks mined in the last week.

While mining is profitable now, the introduction of fee burning on the Ethereum London hard fork has reduced profits as miners receive fewer rewards for each block.

The next stage in the blockchain's ongoing upgrade to Eth2 was announced earlier today for October. Miners will be further sidelined by the shift to Proof-Of-Stake.

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