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via CoinDesk · By CoinDesk Staff

Poolin files for bankruptcy after collapse from bitcoin's biggest mining pool

BTC

BTC/USDT

$64,421.89

+0.41%

$64,421.89

+0.41%

(24s)

24h Volume

$4,829,319,352.99

24h H/L

$64,475.28 / $63,810.00

Change: $665.28 (1.04%)

Long/Short

65.4%

Long: 65.4%Short: 34.6%

Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,402.00

▲ 0.41%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,562.78

Price$64,402.00

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,277.48

Pivot (PP):$64,562.78

Trend:Uptrend

RSI (14):50.8

CoinDesk Staff

(11:09 AM UTC)

1 min read

Verified byEmily Watson

1396 views

0 comments

BTC: Poolin Hash Rate (Glassnode)

Summary

Poolin was regarded as the world's largest bitcoin mining pool in 2019, with an 18-20% share of global hashrate, before a liquidity crisis in 2022 left 11,700 customers holding $163.7 million in frozen funds
A $52 million bid from Thor CALAP LLC for Poolin's West Texas mining sites is the only meaningful recovery on the table for creditors owed approximately…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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