SBI Crypto, a subsidiary of the Japanese financial conglomerate SBI, has announced the closure of its Bitcoin mining pool. The platform will cease operations and stop accepting deposits as of July 31.
Source: SBI Crypto.Company representatives have requested participants not to withdraw their hash rate until the complete shutdown to ensure accurate final payouts.
The reasons for SBI Crypto's closure have not been disclosed. Clients have been advised to transition to other pools, including Braiins, Luxor, and NeoPool.
The mining platform was launched in March 2021. According to SimpleMining, at the time of writing, the pool ranks 12th globally in hash rate, with a rate of 18.69 EH/s (1.96% of the total share).
Source: SimpleMining.The closure of the pool comes amid SBI Holdings' expansion in the digital asset sector. At the end of June, the holding signed an agreement to acquire the cryptocurrency exchange Bitbank for 46.7 billion yen ($288.6 million). Additionally, group entities have launched support for stablecoins RLUSD and JPYSC in Japan.
It is worth noting that in May, the largest public miners sold over 32,000 BTC—more than in all of 2025.