Solidmining stop payment of withdrawals shortly after they where hit by cyber attackers. The well organized bitcoin investment platform have stopped processing withdrawal requests. The reason for this is still unknown as no official announcement is out. The official telegram channel and Facebook page have been dormant as at the time of writing this article.
Prior to pending withdrawal requests, the company however released an official news that they were victim of DDOS attack. They however said that their technical team worked hard and got everything under control. The extent of damage made by this attack is still kept private. They however promise to continues to function as usual and respond to all payment request.
Table of Contents
WHY SOLIDMINING STOP PAYMENT OF MEMBERS WITHDRAWALS
What could be the problem why solidmining stop payment of it’s investors. The reason is still unclear but we could only come up with the following conclusions
1. THE DDOS ATTACK WAS SEVERE:
It is very possible that the company is still trying to recover from the damage they might have experience from the DDOS attack. While this attack is usually geared towards making a website inaccessible it is possible the attack was more than just a DDOS attack. If Solidmining did experience a DDOS attack then they need to upgrade and be ready for future attack. It is possible that this upgrade is what is causing delay in processing withdrawal requests.
2. UPGRADE AND MAINTENANCE:
A company like solidmining needs to prepare for the future as they offer high return of investment. It is possible that the necessary upgrade and maintenance is what is pending all withdrawal requests.
3. FUTURE PLANS:
The company recently made known publicly the plan it has. According to the official announcement, they will only be raccepting 15,000 investors. They further went to state that they will be sending out a legal binding email to all her investors on October 5th 2018. This will be a huge move and it needs preparation.
4. ANOTHER SCAM:
We can’t take away the fact the solidmining might just be another well planned scam or ponzi. It is also possible that they have finally shut down and ran away with bitcoins worth millions. However for the sake of investors we pray its not true.
All the above are speculations why solidmining top payment of withdrawals. No official news have appeared in the telegram channel and Facebook page. Their customer support teams is not also responding to mails and their Facebook page and telegram channel remains dormant. We hope they resume payment of withdrawals soon.