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Global Crypto Mining News in July: Poolin Files for Chapter 11 Bankruptcy with Approximately $173 Million in Debt, Hashprice Nears Multi-Year Low, etc

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FOMOGRAM Editorial Desk
Aug 3, 2026
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Global Crypto Mining News in July: Poolin Files for Chapter 11 Bankruptcy with Approximately $173 Million in Debt, Hashprice Nears Multi-Year Low, etc
EXECUTIVE SUMMARY

1、 According to an analysis by Bitcoin Magazine Pro, Bitcoin’s network hashrate has remained in a drawdown for approximately 287 consecutive days, while mining difficulty has fallen 19.9% from its all-time high.

1、 According to an analysis by Bitcoin Magazine Pro, Bitcoin’s network hashrate has remained in a drawdown for approximately 287 consecutive days, while mining difficulty has fallen 19.9% from its all-time high.

FOMOGRAM SENTINEL GRAVITY TELEMETRY

Prolonged drawdown in Bitcoin's hashrate and mining difficulty could signal weakening miner profitability, impacting market sentiment.

BTC OVERALL MARKET INDEX: 45 / 100 (NEUTRAL)

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