Bitcoin News Today: Bitcoin Investors Trapped in Hashpower Mystery: No Exit for Funds Since April 2024

Users of the Bitcoin hashpower platform Bitroo have been unable to withdraw their funds since April 2024, according to reports from Odaily Planet Daily. The platform, which offers computing power leasing and resale services, has been experiencing withdrawal anomalies for over 15 months, with no resolution in sight. Community members have confirmed that a significant amount of user funds remains frozen on the platform during this extended period [1].

In March 2025, Bitroo reportedly issued an official email statement to its users, citing the suspension of its computing power leasing and mining machine hosting services. The platform attributed the issue to an incident at an upstream partner mining farm, though no further details were provided. Bitroo stated that it would liquidate accounts in accordance with the terms of user agreements and fully refund their investments. However, there has been no tangible progress or transparency regarding the timeline or mechanisms for such refunds [1].

The prolonged withdrawal freeze has sparked significant concern among users, many of whom invested in hashpower leasing under the assumption of stable returns and liquidity. Given the nature of the Bitcoin mining industry, where hashpower demand is closely tied to network conditions and pricing fluctuations, the inability to access funds has left many investors in a vulnerable position. The lack of communication from Bitroo’s management has only deepened the uncertainty [1].

Industry observers have noted that this incident reflects the inherent risks associated with centralized hashpower platforms, particularly those that rely on third-party infrastructure and services. Unlike direct mining operations or exchanges, hashpower leasing platforms often lack the transparency and real-time control that users may expect. The current situation with Bitroo underscores the need for improved regulatory clarity and greater accountability in the crypto mining sector [1].

Meanwhile, the broader crypto market has continued its volatile trajectory. Recent news includes a $110 million investment to expand the TRON (TRX) token treasury by Tron Inc., as well as a reported $3.68 million swing trading profit made by an early Ethereum whale. These developments highlight the dynamic nature of the cryptocurrency landscape, where market participants navigate both opportunities and risks [1].

In conclusion, the Bitroo withdrawal issue has raised important questions about trust, governance, and risk management in the Bitcoin mining ecosystem. While the platform has provided a vague outline of its intentions, users remain in limbo. As the situation continues to unfold, regulatory and community responses may shape future practices in the hashpower industry. For now, affected users are left to await further clarity from Bitroo, with no assurance of when—or if—access to their funds will be restored.

Source: [1] Bitcoin computing power platform Bitroo users have been unable to withdraw their coins since April 2024. (https://www.odaily.news/en/newsflash/446242)