SBI Japan opens Bitcoin mining pool to the public

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2021-03-22 20:17:27

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SBI Crypto, a wholly owned subsidiary of SBI Holdings Japan, opened its Bitcoin mining pool to the public.

This move means organizations and individuals who want to mine bitcoin and other cryptocurrencies can join the SBI Crypto Pool service.

SBI Crypto has been self-mining bitcoin, bitcoin cash and bitcoin SV since August 2017. Their bitcoin mining team is currently ranked 11th with a hashrate of 2.44 exahash per second (EH / s), according to BTC.com.

SBI Crypto says its pool service has been developed with partner Northern Data AG to add data center management services. SBI first partnered with Northern Data in July last year by becoming a strategic shareholder of the company.

The SBI group appears to be the second most popular group to open to the public after Digital Currency Group’s Foundry. After months of running its pool in private beta, last week Foundry opened its public service.

Bitcoin miners have made millions of dollars in revenue thanks to the recent recovery of the cryptocurrency market. According to data compiled by The Block, bitcoin miners had the highest revenue of all time with 1.36 billion USD in February. So far, their turnover has reached nearly 1 billion USD.


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