SBI Crypto will stop accepting mining shares on July 30, removing ~15 EH/s. Miners have one month to redirect hash rate to Braiins or Luxor Pool after a $21M hack and internal review.
Alpha Score of 61 reflects moderate overall profile with moderate momentum, strong value, weak quality. Based on 3 of 4 signals — score is capped at 90 until remaining data ingests.
SBI Crypto, the mining arm of Japanese financial giant SBI Holdings, will stop accepting mining shares at 22:00 UTC on July 30, 2026. The pool’s operations end the following day, July 31.
The shutdown removes roughly 15 EH/s of hash rate from SBI’s pool. That represented about 1.3% of the total Bitcoin network hash rate as of late 2025.
CEO Hiroaki Morita signed off on the closure notice after an internal review conducted in April 2026. The review evaluated the pool’s business operations and concluded it should shut down, according to the company.
Miners connected to SBI Crypto’s pool have roughly one month to redirect their hash rate. The company pointed users toward two alternative pools for migration: Braiins and Luxor Pool.
SBI Crypto had already made operational adjustments before the announcement. It changed payout schedules and temporarily suspended support for Litecoin and Dogecoin mining.
The pool first launched publicly in March 2021. It expanded in July 2023 by adding merged mining support for LTC and DOGE, letting miners earn rewards on those networks while mining Bitcoin.
A $21 million hacking incident in September 2025 drained funds from company wallets. The stolen assets included BTC, ETH, LTC, DOGE, and BCH. The attack was believed to be linked to North Korean actors.
SBI Crypto has not explicitly drawn a direct line between the hack and the pool’s closure. The timeline shows a major security breach in September 2025, followed by operational adjustments and an internal business review in April 2026. Now the pool is shutting down.
The closure removes a pool that had already been shrinking. Miners will redistribute that hash rate across the network, potentially shifting pool concentration. The Bitcoin (BTC) profile tracks network-level metrics that will reflect the change.
Prepared with AlphaScala research tooling and grounded in primary market data: live prices, fundamentals, SEC filings, hedge-fund holdings, and insider activity. Each story is checked against AlphaScala publishing rules before release. Educational coverage, not personalized advice.