{"id":66695,"date":"2022-09-05T15:43:30","date_gmt":"2022-09-05T12:43:30","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=66695"},"modified":"2025-09-07T02:41:49","modified_gmt":"2025-09-06T23:41:49","slug":"poolin-bitcoin-mining-pool-acknowledges-liquidity-problems","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/poolin-bitcoin-mining-pool-acknowledges-liquidity-problems\/","title":{"rendered":"Poolin Bitcoin mining pool acknowledges liquidity problems."},"content":{"rendered":"

The Poolin mining pool faced a liquidity shortfall, but users’ funds are safe. This was stated by founder and CEO Kevin Pan, according to CoinDesk.<\/p>\n

Since August, users have reported withdrawal issues from wallets on the platform. Support said that the delays are related to risk management, and custody and mining services operate independently.<\/p>\n

One client told the publication that the company ‘faced some financial difficulties’ that hindered withdrawals.<\/p>\n

According to Poolin’s head, the company’s net worth remains positive, and management will present a plan to exit the situation soon. The measures may include seeking debt financing secured by equity and equipment, he said.<\/p>\n

According to BTC.com, the pool Leadership<\/a> still holds Foundry USA \u2014 21.77%.<\/p>\n

\"Bitcoin
Data: BTC.com.<\/figcaption><\/figure>\n

In July 2021, Poolin faced problems amid China authorities’ crackdown on miners. The pool suspended payments<\/a> on hash-rate tokens pBTC35A and pETH18C, blocked in the Mars protocol. Only after two months did the group manage to partially resume<\/a> crediting assets to users.<\/p>\n

As a reminder, in June 2022, Bitcoin miners’ revenue fell by 26% from May \u2014 to $668 million<\/a>. In July, the figure fell another 9%, to $609.7 million<\/a>.<\/p>\n

Follow ForkLog Bitcoin news on our Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Poolin mining pool faced a liquidity shortfall, but users’ funds remain safe, according to CoinDesk.<\/p>\n","protected":false},"author":1,"featured_media":66696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1927],"class_list":["post-66695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-poolin"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=66695"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66695\/revisions"}],"predecessor-version":[{"id":66697,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/66695\/revisions\/66697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/66696"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=66695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=66695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=66695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}