SBI Crypto said it will discontinue its mining pool service, with operations planned to cease on Friday, July 31, 2026. The pool will stop accepting mining shares at 07:00 JST on that date, corresponding to 22:00 UTC on Thursday, July 30, giving customers about one month to prepare for migration.
The shutdown ends a service line that debuted in April 2021. SBI Crypto announced the pool in March of that year, saying then that it had been mining digital assets on its own at overseas facilities since August 2017 and had roughly 1.1 EH/s of mining power. As of June 30, 2026 according to data from Luxor’s Hashrate Index, the pool had a 7-day average hashrate of 20.9 EH/s worth 2.2% of the bitcoin mining network.
CEO Hiroaki Morita signed the customer notice for the pool’s wind down, which urged miners to keep directing hashrate to SBI’s pool until the cutoff so that all eligible shares are counted in the final payout calculation. “To ensure that all eligible mining shares are included in the final payout calculation, we strongly recommend that customers continue directing their hashrate to the SBI Crypto mining pool until the scheduled cutoff time,” the notice said.
SBI Crypto said it expects the pool to operate normally until the closure date, with payouts continuing as usual in the interim.
The company named Luxor, Braiins, and NeoPool as reference options for customers planning their transition, noting that it had previously held business and technical discussions with the operators. Customers were told to contact each operator directly for details and to evaluate any provider independently based on their own requirements, and SBI said it does not endorse or recommend any particular operator.
The notice did not disclose a reason for the shutdown or provide current hashrate figures for the pool. SBI Crypto’s website still lists the mining pool among its services, advertising low fees, solo mining, a referral program, and hashrate splitting.
Parent company SBI Holdings has been expanding its digital-asset business through other channels. The group recently pursued a $289 million stake in Japanese crypto exchange Bitbank, part of a strategy spanning trading, custody, and payments. The mining pool closure narrows SBI Crypto’s service offering while the parent company continues to expand in regulated crypto markets.
For miners on SBI’s pool, several operational details remain outstanding. The company said it will communicate the final payout schedule, API availability timeline, web portal access plans, and other shutdown logistics separately as they become available.