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Realistic illustration of Poolin Bitcoin mining bankruptcy with idle Texas rigs and court documents.
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Bitcoin mining pool Poolin files for Chapter 11 bankruptcy

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Poolin Technology and its affiliates filed for Chapter 11 protection on July 22 in New Jersey. The Singapore-based firm owes approximately $163.7 million in IOUs to about 11,700 wallet users. It is seeking to sell its remaining Texas mining assets under court supervision.

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