
Bitcoin mining pool Poolin in distress following liquidity crisis
The Poolin Bitcoin mining pool sees a sharp drop in hash rate and block rewards following a freeze on withdrawals due to liquidity problems.
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Renewable energy sources in BTC mining fell to 28.48% in 2021 from over 40% in 2020, causing greenhouse gas emissions to increase by 63%.

Reports have revealed that the value of GPUs have dropped by as much as 40% in China since the Ethereum merge.

The firm reportedly owes $500 million to about 200 creditors and has assets that are valued between $100 million and $500 million.

A web3 gaming console with mining capabilities will be released in early 2023 to onboard new users into the blockchain gaming space

The lending pool is open to mid-sized bitcoin mining providers. Real-world assets will be required for the loan which is repayable over a 12-18 months period.

It may take less than 2 months to brute force hack an Ethereum vanity address using a GPU mining rig.