CRYPTO

Poolin, Once One of Bitcoin's Biggest Mining Pools, Files for Bankruptcy

DecryptFriday, July 24, 2026 at 5:44 PM

RedScroll Brief

Poolin, Once One of Bitcoin's Biggest Mining Pools, Files for Bankruptcy — Image via Decrypt

The Singapore-based pool never recovered from freezing withdrawals in 2022. Now it's auctioning off its last Texas mining sites to pay back 11,700 users still holding IOUs.

RedScroll Signal

Impact: High
Category: Crypto
Market relevance: High
Why it matters: Crypto moves are a live stress test of liquidity, regulation, and narrative risk. The Singapore-based pool never recovered from freezing withdrawals in 2022. Now it's auctioning off its last Texas mining sites to pay back 11,700 users still holding IOUs. Watch liquidity and volatility around Bitcoin and Poolin — crypto markets reprice narrative risk quickly.

Read original source → DECRYPT Edition 2026-07-24

Desk copy

RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

The Singapore-based pool never recovered from freezing withdrawals in 2022. Now it's auctioning off its last Texas mining sites to pay back 11,700 users still holding IOUs.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

Decrypt reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

Fri, Jul 24, 2026, 5:44 PM UTC
Decrypt published: Poolin, Once One of Bitcoin's Biggest Mining Pools, Files for Bankruptcy
Now
Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Bitcoin and Poolin — crypto markets reprice narrative risk quickly.

More on

Bitcoin

Source

Decrypt

Original reporting by Decrypt. RedScroll provides an extractive briefing only.