World’s Former Top Bitcoin Mining Pool Poolin Files Chapter 11

AI Summary Poolin, once the world’s largest Bitcoin mining pool, filed for Chapter 11 bankruptcy protection on July 22 in New Jersey. The petition lists liabilities between $100 million and $500 million against assets of no more than $10 million. The Singapore-based company wants a court-supervised sale of its West Texas sites rather than a reorganization. A The post World’s Former Top Bitcoin Mining Pool Poolin Files Chapter 11 appeared first on BeInCrypto . fulltext: 464 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/poolin-chapter-11-bitcoin-mining-pool/ Source: BeInCrypto