Story Crypto 2 outlets • Updated 3 days ago

Poolin Files for Chapter 11 Bankruptcy Amid Financial Struggles

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Coverage: 2 outlets • 2 hr window
C coindesk.com
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CoinDesk 3 days ago • coindesk.com
Poolin was bitcoin's biggest mining pool and now it's filing for bankruptcy
The Singapore-based company once controlled nearly a fifth of Bitcoin's global hashrate. Now it owes $173 million and is selling off what's left.
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Cointelegraph 4 days ago • cointelegraph.com
Bitcoin mining pool Poolin files for Chapter 11 bankruptcy
Bitcoin miner Poolin filed for Chapter 11 bankruptcy and initiated a $52 million sale of its two West Texas mining sites as part of its future creditor recovery program.
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