Mining CEO: Bitcoin ‘Keeps Hashing’ Despite Widespread CrowdStrike Network Failures
Amidst the chaos caused by a faulty software update from global cybersecurity firm CrowdStrike, Bitcoin remains unaffected due to its decentralized nature and independence from centralized providers and infrastructure.
On Thursday night, CrowdStrike’s security tools triggered a series of computer outages, causing numerous systems relying on their services for Microsoft-based systems to go offline.
Major entities, including government offices, banks, and airlines, experienced disruptions as computer screens displayed the infamous blue screen of death.
In an update on Friday, CrowdStrike stated that it was actively working with affected customers to address a “defect found in a single content update for Windows hosts.”
The company emphasized that Mac and Linux hosts were not impacted, and the issue was not a security incident or cyberattack.
CrowdStrike assured users that the problem had been identified, isolated, and a fix had been deployed.
All of CrowdStrike continues to work closely with impacted customers and partners to ensure that all systems are restored.
I’m sharing the letter I sent to CrowdStrike’s customers and partners. As this incident is resolved, you have my commitment to provide full transparency on…
— George Kurtz (@George_Kurtz) July 19, 2024
Bitcoin, however, remained unscathed due to its reliance on Linux-based frameworks rather than Microsoft software, according to Taras Kulyk, the CEO of SunnySide Digital, a wholesale distributor of hardware and services for data centers and digital mining infrastructure.
Kulyk highlighted the irony of global banks shutting down due to the server issue while Bitcoin continued to function seamlessly.
Referring to the Bitcoin hash rate chart, he emphasized that most, if not all,
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