This one seems a little more deliberate. I mean we aren't seeing thousands of new users sign up every day like we did in 2017 when they kept crashing. Plus they have beefed up servers now I would imagine. No reason they should be crashing every time bitcoin moves more than 5% in short amount of time.
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My point is that no matter how many new servers they add, they still run out of bandwidth as they have absolutely no clue how much over bandwidth they were...
They can't just quadruple the amount of servers because on one day they need that much computing power and bandwidth...
Sure they can... they literally were printing money back in 2017 and 2018, literally printing it. They made over a billion dollars in a year during that stretch while many of the top brokerages in the world were struggling to make a couple hundred million... Coinbase had money coming out of their ears and they stated several times how they were pouring that back into their product, which included beefed up servers. And now today, with new/active users being a fraction of what they were at that time, there is no reason they should be going down due to bandwidth issues... none.
Don't you think the component shortage also reflects big companies when they buy in bulk.
Even if they can get enough servers eventually, they also need more fiber connections and routers so the existing ones can't get congested.
After that they can run in to cooling problems, unless they add the new servers to another facility.
A billion dollars fixes a lot of problems that may come up...
A lot is not same as everything... If normal person needs to wait 3 weeks, Scrooge McDuck might still need to wait one week...
Not forgetting Coinbase uses CloudFlare so it might be CloudFlare that is limiting factor, not Coinbase itself... That error page might be just custom error page displayed by CloudFlare's reverse proxy...
Impossible for us to know for sure. Seems odd that this keeps happening for a company in their position and at this point in their development though.
I've seen a lot of sites using CloudFlare go offline regularly... Only difference is that for smaller clients, it doesn't show fancy error page...