Poolin shut down
On 22 July 2026 Poolin and U.S. affiliates Lonestar Dream and Lonestar Taproot filed Chapter 11 in New Jersey with estimated liabilities of $100–500 million, culminating a multi-year collapse that began when Poolin Wallet froze withdrawals in 2022 and issued about $163.7 million in IOUs to roughly 11,700 customers.
Founded 2017
January 1, 2019
Poolin was widely cited as controlling roughly 18–20% of Bitcoin hashrate around 2019.
September 1, 2022
Poolin Wallet suspended withdrawals and issued IOU tokens covering roughly $163.7 million owed to customers.
July 22, 2026
Poolin and Texas mining affiliates filed bankruptcy in New Jersey with debts reported near $173 million.
Poolin was a Singapore-linked Bitcoin mining pool and wallet operator that at peak commanded roughly a fifth of global hashrate. After a 2022 liquidity crisis that left thousands of customers with IOU tokens, U.S. affiliates filed Chapter 11 in July 2026 with roughly $173 million in debts.
No. Poolin stopped hiring in July 22, 2026.
On 22 July 2026 Poolin and U.S. affiliates Lonestar Dream and Lonestar Taproot filed Chapter 11 in New Jersey with estimated liabilities of $100–500 million, culminating a multi-year collapse that began when Poolin Wallet froze withdrawals in 2022 and issued about $163.7 million in IOUs to roughly 11,700 customers.
No. Browse other crypto companies on SailOnchain.
Poolin was founded in 2017.