SBI Crypto Shuts Down Bitcoin Mining Pool After Five Years, Effective July 31
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- SBI Crypto will permanently close its Bitcoin mining pool on 31 July 2026.
- SBI Crypto pool ran 20.9 EH/s, which was 2.2% of the total Bitcoin network hashrate.
- OCEAN Mining invited displaced SBI miners, citing 3.6% better payouts than FPPS.
SBI Crypto has announced it will permanently close its Bitcoin mining pool on Friday, 31 July 2026. The pool will stop accepting mining shares at 07:00 JST, which is 22:00 UTC on Thursday, 30 July, giving existing miners roughly one month to migrate to another provider.
A Five-Year Run Comes to an End
SBI Crypto launched its mining pool business in April 2021, having operated a limited version since the start of that year. At launch, the company was already running its own cryptocurrency mining operations overseas with a hashrate of approximately 1.1 EH/s and had built a strategic partnership with German data centre firm Nort…
Read The Full Article SBI Crypto Shuts Down Bitcoin Mining Pool After Five Years, Effective July 31 On Coin Edition.
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