Key facts
- SBI Crypto will close its Bitcoin mining pool on July 31.
- The mining pool has been operational for over five years.
- SBI Crypto is a division of the Japanese financial conglomerate SBI.
- The pool currently ranks 12th globally.
- The pool accounts for approximately 2.24% of the network's hashrate.
SBI Crypto, a division of the Japanese financial conglomerate SBI, announced it will close its Bitcoin mining pool on July 31. The pool has been in operation for more than five years. Currently, SBI Crypto's mining pool ranks 12th worldwide in terms of network hashrate. It accounts for approximately 2.24% of the total Bitcoin network hashrate. The closure signifies a shift in the cryptocurrency mining sector, with a notable pool ceasing its operations after a substantial period.