Nexusguard Case Studies Nexusguard's Solution to Shield Bitminter from DDoS Attacks and Downtime

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	Nexusguard's Solution to Shield Bitminter from DDoS Attacks and Downtime Nexusguard

Nexusguard's Solution to Shield Bitminter from DDoS Attacks and Downtime

Nexusguard

Technology Category	Application Infrastructure & Middleware - Blockchain
Applicable Industries	Electrical Grids Mining
Use Cases	Time Sensitive Networking
Challenge	Bitminter, a pioneer in bitcoin mining pools, was facing a significant challenge in maintaining its network stability and uptime due to frequent DDoS attacks and extortion threats. Since its inception in 2011, Bitminter had attracted over 300,000 users and maintained 10% of bitcoin mining power at its peak. However, the company was a frequent target of DDoS attacks due to its high dependence on the internet. While these attacks rarely brought the company down for long periods, Bitminter was aware that any downtime could lead to users switching to other services. The company had tried setting up secondary and tertiary mining pools as a stopgap solution, but the attacks continued. Furthermore, the data center hosting Bitminter would null-route the company during attacks, effectively taking the service offline. This situation led to users leaving every time the mining pool was inaccessible. Read More
About Customer	Bitminter is a pioneer in the field of bitcoin mining pools. Founded in 2011, it was among the first of its kind to appear on the global stage. Bitminter operates in a highly competitive market and has over 300,000 users. At its peak, the company maintained 10% of the global computing power for bitcoin mining. Bitminter's business model is based on offering a user-friendly alternative for individuals to pool their efforts in mining bitcoin and share in the profits. However, the company's dependence on the internet made it a frequent target of DDoS attacks and extortion threats. Read More
Solution	Bitminter turned to Nexusguard for a solution to its DDoS attack problem. Nexusguard's DDoS+ Protection provided the critical stability and absolute uptime that Bitminter needed to maintain its user base and profitability. This service ensured maximum uptime, a key factor in retaining existing miners and attracting new ones in the highly competitive bitcoin mining industry. Nexusguard's service also offered predictability in terms of security budget planning, with a transparent monthly fee structure and maximum caps that eliminated any unpleasant overage surprises if and when an attack occurred. This solution allowed Bitminter to continue operating without being overwhelmed by attacks or subjected to the whims of its hosting provider. Read More Log in to view content
Contents

Technology Category

Application Infrastructure & Middleware - Blockchain

Applicable Industries

Electrical Grids

Mining

Use Cases

Time Sensitive Networking

Challenge

Bitminter, a pioneer in bitcoin mining pools, was facing a significant challenge in maintaining its network stability and uptime due to frequent DDoS attacks and extortion threats. Since its inception in 2011, Bitminter had attracted over 300,000 users and maintained 10% of bitcoin mining power at its peak. However, the company was a frequent target of DDoS attacks due to its high dependence on the internet. While these attacks rarely brought the company down for long periods, Bitminter was aware that any downtime could lead to users switching to other services. The company had tried setting up secondary and tertiary mining pools as a stopgap solution, but the attacks continued. Furthermore, the data center hosting Bitminter would null-route the company during attacks, effectively taking the service offline. This situation led to users leaving every time the mining pool was inaccessible.

About Customer

Bitminter is a pioneer in the field of bitcoin mining pools. Founded in 2011, it was among the first of its kind to appear on the global stage. Bitminter operates in a highly competitive market and has over 300,000 users. At its peak, the company maintained 10% of the global computing power for bitcoin mining. Bitminter's business model is based on offering a user-friendly alternative for individuals to pool their efforts in mining bitcoin and share in the profits. However, the company's dependence on the internet made it a frequent target of DDoS attacks and extortion threats.

Solution

Bitminter turned to Nexusguard for a solution to its DDoS attack problem. Nexusguard's DDoS+ Protection provided the critical stability and absolute uptime that Bitminter needed to maintain its user base and profitability. This service ensured maximum uptime, a key factor in retaining existing miners and attracting new ones in the highly competitive bitcoin mining industry. Nexusguard's service also offered predictability in terms of security budget planning, with a transparent monthly fee structure and maximum caps that eliminated any unpleasant overage surprises if and when an attack occurred. This solution allowed Bitminter to continue operating without being overwhelmed by attacks or subjected to the whims of its hosting provider.

Impact #1	With Nexusguard's DDoS+ Protection, Bitminter was able to maintain its network stability and uptime, ensuring the company's profitability in the competitive bitcoin mining industry. The solution provided Bitminter with the stability it needed to keep its mining pool running, preventing users from switching to other services. Furthermore, the predictability offered by Nexusguard's service in terms of security budget planning allowed Bitminter to plan its finances more effectively. The company was no longer subjected to the whims of its hosting provider and could operate without the constant threat of being taken offline due to DDoS attacks.

Impact #1

With Nexusguard's DDoS+ Protection, Bitminter was able to maintain its network stability and uptime, ensuring the company's profitability in the competitive bitcoin mining industry. The solution provided Bitminter with the stability it needed to keep its mining pool running, preventing users from switching to other services. Furthermore, the predictability offered by Nexusguard's service in terms of security budget planning allowed Bitminter to plan its finances more effectively. The company was no longer subjected to the whims of its hosting provider and could operate without the constant threat of being taken offline due to DDoS attacks.

Benefit #1	Nexusguard's solution ensured absolute uptime for Bitminter, a critical factor in retaining and attracting users.
Benefit #2	The solution provided predictability in terms of security budget planning, with a transparent monthly fee structure and maximum caps.
Benefit #3	Nexusguard's DDoS+ Protection helped Bitminter maintain its position in the competitive bitcoin mining industry.

Benefit #1

Nexusguard's solution ensured absolute uptime for Bitminter, a critical factor in retaining and attracting users.

Benefit #2

The solution provided predictability in terms of security budget planning, with a transparent monthly fee structure and maximum caps.

Benefit #3

Nexusguard's DDoS+ Protection helped Bitminter maintain its position in the competitive bitcoin mining industry.

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Overview

Nexusguard's Solution to Shield Bitminter from DDoS Attacks and Downtime

Operational Impact

Quantitative Benefit