Status as of Wednesday, May 20

[Steve Sokolowski]

Here's today's status:

• Our block explorer is nearing completion. While it won't directly affect earnings, the goal of the block explorer is to provide a service that allows developers of any coin to follow the status of their networks. Every coin supported by Prohashing will be able to be viewed with the block explorer. Working block explorers are often the #1 problems holding back coins, and our goal is to encourage people to use altcoins by providing the tools to make development and usage easier.
• Last night, Poloniex suspended our trading account for unknown reasons. They stated that their system is overloaded and we are trying to get more clarification on the issue from Tristan, their lead developer. Until then, all Poloniex-specific coins are offline. Coins supported by multiple exchanges are traded through the other exchanges. This problem is likely something that can be resolved once we know what it is.
• Coincidentally, Comkort suspended our account for a known reason. Apparently, their terms of service require that no more than 20 deposits per day be made to their exchange. Unfortunately, there no solution to this problem for us, because the large slippage that would result from only 20 deposits per day would cause significant losses. We submitted a support ticket requesting an exemption to the policy. If they provide one, we'll re-enable coins traded at Comkort. If not, then Chris will be posting a discontinuation list for Comkort coins, and we will go with ccex instead.
• The big winner in this exchange mayhem is Cryptsy. Cryptsy trade volume is exceeding $1k/wk now. For all the problems that people complain about Cryptsy, they resolved their bugs for us in November and accept any volume that is thrown at them.
• There are some Internet connectivity issues that occur periodically. They are most likely caused by faulty hardware. We'll be investigating them over the weekend and may need to replace a router or network adapter.