SBI Crypto, a major Bitcoin mining pool in Japan, stopped its Bitcoin mining pool service on July 31. Before the shutdown, the pool’s seven-day average hashrate fell sharply, dropping from 16.222 EH/s on June 30 to 5.817 EH/s on July 30, a decline of about 64% over one month. At the same time, data from Hashrate Index showed that Foundry USA, AntPool, and F2Pool briefly accounted for about 60.01% of Bitcoin block share on July 31. Even though SBI Crypto’s hashrate dropped substantially ahead of the closure, public mining pool data does not show where that hashrate ultimately moved. The information was cited by CryptoSlate and carried by Odaily.
SBI Crypto, a major Bitcoin mining pool in Japan, stopped its Bitcoin mining pool service on July 31, according to Odaily, citing CryptoSlate.
Before the shutdown, the pool’s 7-day average hashrate had fallen from 16.222 EH/s on June 30 to 5.817 EH/s on July 30, a drop of about 64% over the course of one month.
Separately, Hashrate Index data showed that Foundry USA, AntPool, and F2Pool briefly held about 60.01% of Bitcoin’s block share on July 31.
While SBI Crypto’s hashrate fell sharply, public mining pool data does not confirm which pool ultimately absorbed that hashrate.
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