Bitcoin Mining Giant Poolin Files for Bankruptcy Owed $164M
The collapse lands as Fidelity argues AI demand is reshaping miner economics, giving hash-power infrastructure a more valuable use than block rewards.
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The collapse lands as Fidelity argues AI demand is reshaping miner economics, giving hash-power infrastructure a more valuable use than block rewards.
With $173M in prepetition obligations and a customer-withdrawal freeze from 2022 still unresolved, the stalking-horse bid opens a court-supervised auction that will set the recovery benchmark for…