BUSINESSJul 24 · 17:44 UTCDECRYPTJose Antonio Lanz

Poolin, Once One of Bitcoin's Biggest Mining Pools, Files for Bankruptcy

Poolin, a Singapore-based Bitcoin mining pool, has filed for bankruptcy after failing to recover from frozen withdrawals in 2022. The company is auctioning its Texas mining sites to repay 11,700 users who still hold IOUs.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

PoolinorganizationSingaporeplaceBitcointopicTexasplace

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSJul 24 · 11:09 UTC
Poolin was bitcoin's biggest mining pool and now it's filing for bankruptcy
BUSINESSJul 24 · 08:38 UTC
Bitcoin mining pool Poolin files for Chapter 11 bankruptcy
BUSINESSJul 24 · 09:52 UTC
Former bitcoin miner Poolin files Chapter 11, sets $52 million floor bid for Texas operations
BUSINESSMay 18 · 06:55 UTC
Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy
BUSINESSJul 2 · 10:37 UTC
SBI Crypto shuts Bitcoin mining pool after five-year run
BUSINESSJul 2 · 18:28 UTC
Japanese Financial Giant SBI to Shut Down Bitcoin Mining Pool