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Home » Crypto Mining » A major Japanese Bitcoin mining pool just pulled the plug on its Bitcoin service just as 3 mega-miners claimed 60% of the network
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Crypto Mining

A major Japanese Bitcoin mining pool just pulled the plug on its Bitcoin service just as 3 mega-miners claimed 60% of the network

CryptoAINewsBy CryptoAINewsAugust 1, 2026No Comments3 Mins Read
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By the point SBI Crypto pulled the plug on its Bitcoin pool in Japan on July 31, its seven-day common hashrate had fallen 64% in a month. Later that day, a Hashrate Index studying put Foundry USA, AntPool and F2Pool at 60% of latest blocks. The timing makes them look linked. Weekly information inform a messier story.

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SBI Crypto’s official update set the primary cutoff at 22:00 UTC on July 30, or 07:00 JST on July 31. Share acceptance stopped, and miners started a sleek disconnect. The corporate scheduled a full Stratum shutdown by 23:59:59 UTC. Its web site would keep open for historic information and payout standing. The ultimate payout schedule remained unspecified, as did the tip dates for API and portal entry.

At about 11:22 UTC on July 31, Foundry held 26.67% of attributed blocks, AntPool 17.13% and F2Pool 16.21%. SBI Crypto was all the way down to 0.72%, or an estimated 6.8 exahashes per second. The dashboard moved once more inside minutes. The 60.01% studying captures a second, slightly than an enduring stage of management.

84% of BTC hashrate secured Bitcoin DeFi in Q1, but miners saw little fee upside84% of BTC hashrate secured Bitcoin DeFi in Q1, but miners saw little fee upside
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SBI Crypto’s daily telemetry charted a month-long retreat. Its seven-day common BTC hashrate dropped from 16.222 EH/s for the interval ending June 30 to five.817 EH/s for the interval ending July 30. By 11:17 UTC on July 31, separate operational statistics put the 24-hour common at about 0.452 EH/s. SBI’s official block checklist confirmed July 29 as its newest block.

Infographic comparing SBI Crypto's seven-day average Bitcoin pool hashrate decline from 16.222 to 5.817 EH/s with Foundry USA, AntPool and F2Pool's combined 60.01% rolling block share on July 31, noting no verified migration path.Infographic comparing SBI Crypto's seven-day average Bitcoin pool hashrate decline from 16.222 to 5.817 EH/s with Foundry USA, AntPool and F2Pool's combined 60.01% rolling block share on July 31, noting no verified migration path.

The highest three had been already above 60%

Matched weekly buckets from mempool.space put Foundry, AntPool and F2Pool at a mixed 64.8039% for July 20, then 60.7843% within the still-incomplete July 27 bucket. SBI Crypto’s share fell from 0.9804% to 0.6192%. The highest tier had cleared 60% earlier than the cutoff. The July 27 bucket spans the shutdown and stays incomplete, leaving any fast focus impact unmeasured.

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Particular person pool actions pulled in numerous instructions. Foundry, AntPool and F2Pool every confirmed decrease estimated hashrate within the partial July 27 bucket than within the prior week.

Luxor rose, Braiins fell, and NeoPool was absent. Pool-share data replicate work credited to a service.

Thus, the routes behind SBI Crypto’s misplaced pool hashrate keep hidden in these combination totals.

Foundry mined over a third of all Bitcoin blocks in the past weekFoundry mined over a third of all Bitcoin blocks in the past week
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Foundry mined over a third of all Bitcoin blocks in the past week

In a market dominated by a few, Foundry and AntPool together claim control over half the Bitcoin blocks.

Jan 28, 2025 · Andjela Radmilac



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