Bitcoin Mining Pool Poolin Files for Chapter 11 and Moves to Sell $52M in West Texas Mining Sites

Share

Poolin and two U.S. affiliates filed for Chapter 11 after West Texas operations stopped, listing liabilities of $100 million to $500 million. A $52 million stalking-horse bid covers the Tarbush and Pyote sites, with higher offers possible through a court-supervised auction process. Poolin reported approximately $173.1 million in prepetition obligations, including $163.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles