Bitcoin mining pool Poolin files for Chapter 11, seeks sale of Texas facilities

Bitcoin mining pool Poolin has filed for Chapter 11 bankruptcy protection with its U.S. affiliates Lonestar Dream and Lonestar Taproot, and is seeking to sell Bitcoin mining facilities on a Texas site, theenergymag reported. Poolin had previously suspended withdrawals in September 2022 after facing a liquidity crunch amid the cryptocurrency market plunge in 2022.