The post Former Top Miner Poolin Files for Bankruptcy to Sell Texas Sites appeared first on Coinpedia Fintech News
Bitcoin mining firm Poolin has filed for Chapter 11 bankruptcy alongside its U.S. affiliates as it seeks to auction two mining sites in West Texas. The company has secured a $52 million opening bid from Thor CALAP LLC and plans to use the proceeds to repay creditors, including 11,700 wallet customers owed $163.7 million. Once …