SBI Crypto to End Bitcoin Mining Pool Operations by July 31
SBI Crypto has announced it will shut down its Bitcoin mining pool on July 31, which has accounted for 2.2% of the global hashrate over the past five years.
Editorial Staff
1 min read
Updated about 3 hours ago
SBI Crypto will cease operations of its Bitcoin mining pool after more than five years of service, with the shutdown scheduled for July 31.
During its operation, the pool ranked 12th globally and contributed 2.2% to the total Bitcoin hashrate.
Miners participating in the pool will need to redirect their hashrate before the cutoff date, as contributions will no longer be accepted after July 31.
Updates
Update at 14:44 UTC on 2026-07-02
CoinDesk reported Miners must redirect their hashrate before the July 31 cutoff, as the pool will stop accepting contributions after that date.
Sources: CoinDesk