All Topics
All Topics
Technology
Technology
AI
AI
Business
Business
Entertainment
Entertainment
News
News
Programming
Programming
Security
Security
Science
Science
Design
Design
Environment
Environment
Finance
Finance
Crypto
Crypto
Politics
Politics
Sports
Sports
Education
Education
Gaming
Gaming
Art
Art
Music
Music
Health
Health
Books
Books
Food
Food
Travel
Travel
Personal
Personal
Bluesky
Twitter

SBI Crypto to Shut Down Bitcoin Mining Pool, Displacing 20,412 PH/s of Hashrate

By

Jamie Redman

2d ago· 3 min readenNews
technologyfinancecryptocurrencymining

Summary

SBI Crypto is shutting down its Bitcoin mining pool on July 31, 2026, after more than five years of operation since its March 2021 launch under SBI Holdings. The pool currently ranks between 10th and 11th largest globally, controlling 20,412.11 PH/s — roughly 2% of the global Bitcoin hashrate. The closure will force this significant mining power to find a new home.

Source

bskySBI Crypto to Shut Down Bitcoin Mining Pool, Displacing 20,412 PH/s of Hashratenews.bitcoin.com

Key quotes

· 3 pulled
SBI Crypto is shutting down its bitcoin mining pool, closing out more than five years of operation on July 31, 2026.
Today it sits between the 10th and 11th largest Bitcoin mining pool by hashrate, controlling 20,412.11 PH/s.
That figure represents just over 2% of the global hashrate aggregate, according to mempool.space and cloverpool.com data.
Snippet from the RSS feed
SBI Crypto is shutting down its bitcoin mining pool, closing out more than five years of operation on July 31, 2026.

You might also wanna read

Dubai tops Asian crypto hubs, India isolates banks from crypto: Asia Express

Cointelegraph·4h ago

Bitcoin Depot, once world's largest crypto ATM operator, files for bankruptcy amid regulatory crackdown

Bitcoin Depot, once the world's largest operator of cryptocurrency ATMs, has filed for bankruptcy and taken its network of approximately 9,7

icij.org·9d ago

Bitcoin Faces Longest Monthly Losing Streak Since 2018 Amid Risk-Off Sentiment

Bitcoin is on track for its fourth consecutive month of losses, marking its longest monthly losing streak since 2018. The cryptocurrency has

bloomberg.com·5mo ago

Bitcoin supply metric prints first 'buy' signal since late 2022 as bear market continues

Cointelegraph·2d ago

Bitcoin miners are losing $19,000 on every BTC produced as difficulty drops 7.8%

coindesk.com·2mo ago

Bitcoin drops 3.6% to $61,860 as global sell-off and record ETF outflows pressure crypto markets

Bitcoin dropped 3.6% in 24 hours, falling to an intraday low of $61,860 before finding support just above $62,000. The decline wiped nearly

news.bitcoin.com·12d ago

Comments

Sign in to join the conversation.

No comments yet. Be the first.