LocalBitcoins Back Online Following 'Hardware Failure'

AccessTimeIconSep 2, 2015 at 10:16 a.m. UTC
Updated Sep 11, 2021 at 11:51 a.m. UTC

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."

Two weeks ago, the Helsinki-based site announced upgrades to its servers that would log users out. It is unclear if the two events are linked.

Founded in 2012, the peer-to-peer marketplace matches local bitcoin buyers and sellers across 246 countries. Users have the option of transacting online or in person.

The company had not responded to a request for comment by press time.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.