Blog

Blog

Withdrawal of funds is frozen. Poolin, the largest BTC pool, is insolvent.

Withdrawal of funds is frozen. The largest Poolin BTC pool is insolvent.

Facts indicating this:

- Zero commission from 08.09.2022-07.12.2022 for all pool participants.
- Transition from FPPS to PPLNS for the settlement of BTC payments
- Plan to extend zero commission to 12 months for holders of more than 1 bitcoin or 5 ethers in a depository wallet
- Suspend BTC and ETH payments
- Parsing balances.

We can see that Poolin is trying to keep their miners cooperative. Probably trying to sort out refunds.

We recommend ViaBTC to our partners and friends:
- From experience.
- Adequate conditions: convenience, fast withdrawal, support of many algorithms, referral system, bonuses for extraction of coins
- Very high cumulative capacity - 224 exache

Our referral link