SBI Crypto Pool

SBI Crypto Pool is a Bitcoin mining pool operated by SBI Crypto, a wholly owned subsidiary of Japan's SBI Holdings financial group. SBI Crypto began self-mining Bitcoin and related coins in 2017 and opened its pool to outside participants in March 2021, making it one of the larger institutionally backed pools to emerge from a traditional finance company. Its hashrate share was typically a small single-digit percentage of the network.

Shutdown announced: on July 3, 2026, SBI Crypto announced it will permanently close its public mining pool. Shares stop being accepted at 22:00 UTC on July 30, 2026 (07:00 JST July 31), and the operator pointed miners to Braiins, Luxor, and NeoPool as transition options. Roughly 2% of network hashrate (~20 EH/s) has to find a new home. Miners still on the pool should follow the step-by-step SBI pool migration guide before the cutoff.

Payout model

SBI Crypto offered Pay Per Share (PPS) and Full Pay Per Share (FPPS) payout options, oriented toward miners who wanted predictable, smoothed income. With the pool closing at the end of July 2026, miners still pointed at it need to redirect their hashrate and withdraw any remaining balances before the cutoff.

Notable for

SBI Crypto was distinctive for its parent company's roots in regulated financial services, and parts of its pool service have been developed with data-center partners. It illustrated a broader trend of established financial and energy firms entering Bitcoin mining as an institutional business line — and its 2026 exit shows how quickly institutional players can leave when mining margins compress.

For payout mechanics see FPPS, and for general structure see mining pool.

See live pool share in the pool centralization tracker.