The Singapore-based pool never recovered from freezing withdrawals in 2022. Now it's auctioning off its last Texas mining sites to pay back 11,700 users still holding IOUs.

Why This Bitcoin News Matters

Bitcoin is the world's largest cryptocurrency by market cap. This development may directly affect BTC price, miner activity, and overall crypto market sentiment. Traders and long-term holders alike should stay informed.

This is for informational purposes only — not financial advice. Always do your own research (DYOR) before making any investment decisions.

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