Bitcoin sales: Top-10 mining pool causes unrest-is poolin insolvent?

Von Krypto News Österreich

Bitcoin-Mining-Pool Poolin sorgt für Aufsehen In den letzten Wochen sind ungewöhnlich große Transaktionen von Bitcoin-Minern zu beobachten. Besonders interessant ist die hohe Anzahl an Transfers von Wallets der großen Miningpools zu Bitcoin-Börsen. Laut Daten von Glassnode wurden seit Mitte Juni rund 3.200 BTC auf Exchange-Wallets übertragen. Zum Vergleich: Selbst in der Hochphase des Bullenmarktes im Februar 2021 wurden täglich nur etwa 900 BTC auf Börsen-Wallets transferiert. Besonders auffällig ist dabei der Miningpool Poolin. Mit einer globalen Hashrate von 1,87 Prozent gehört er zu den größten Miningpools weltweit. Poolin konnte eine Rechenleistung von 21 Exahashes pro Sekunde (EH/s) aufbieten. In den …
Bitcoin mining pool poolin causes a stir in the past few weeks, unusually large transactions from Bitcoin miners can be observed. The high number of transfers from wallets from the large mining pools to Bitcoin exchanges is particularly interesting. According to data from Glassnode, around 3,200 BTC have been transferred to Exchange Wallets since mid-June. For comparison: Even in the high phase of the bull market in February 2021, only about 900 BTC were transferred to stock exchange walls every day. The mining pool poolin is particularly striking. With a global hashrate of 1.87 percent, it is one of the largest mining pools worldwide. Poolin was able to offer a computing power of 21 Exahashes per second (EH/S). In the … (Symbolbild/KNAT)

Bitcoin mining pool poolin causes a stir

In the past few weeks, unusually large transactions of Bitcoin miners have been observed. The high number of transfers from wallets from the large mining pools to Bitcoin exchanges is particularly interesting. According to data from Glassnode, around 3,200 BTC have been transferred to Exchange Wallets since mid-June. For comparison: Even in the high phase of the bull market in February 2021, only about 900 BTC were transferred to stock exchange walls every day.

The mining pool poolin is particularly striking. With a global hashrate of 1.87 percent, it is one of the largest mining pools worldwide. Poolin was able to offer a computing power of 21 Exahashes per second (EH/S). In the past few months, over 70,000 BTC worth around two billion US dollars from Poolin have been cut. This high sum raises questions.

As early as September 2022, BTC-Echo reported on liquidity problems in poolin. At that time, users BTC and ETH could no longer deduct their own wallets. Since then it has been quieter around the mining pool. A request to the company remained unanswered until the editorial deadline.

What is behind the big transactions of poolin? Is the mining pool possibly insolvent and is trying to avoid bankruptcy through coin sales? So far there is only speculation. However, the data from Glassnode show that the BTC on Wallets from Binance flowed. This suggests that Binance may have entered into a Purchase Agreement with poolin to close liquidity gaps.

It remains to be seen whether poolin will reveal more information about the background of coin sales in the future. Poolin's activities for the Bitcoin market could be relevant for the course. If there is bankruptcy or other problems with poolin, this could have an impact on the Bitcoin price. It will be interesting to see how the situation will develop.

The BTC-Echo Magazin regularly informs about the latest developments in the crypto market. It is worth reading the latest editions in order to always be well informed.