Bitcoin mining company Poolin has filed for Chapter 11 bankruptcy protection in the United States as it seeks court approval to sell its Texas Bitcoin mining assets for $52 million. The filing covers Poolin and its U.S. subsidiaries, Lonestar Dream Inc. and Lonestar Taproot LLC., marking another setback for what was once one of the world’s largest Bitcoin mining pools. In a separate development in May, Colombian President Gustavo Petro said Bitcoin mining powered by renewable energy could help transform Colombia’s Caribbean coast economy.
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