Japan-based major Bitcoin mining pool SBI Crypto ceased operations on July 31

Odaily News: Japan-based major Bitcoin mining pool SBI Crypto has ceased its Bitcoin mining pool services as of July 31. Prior to the shutdown, its 7-day average hash rate dropped from 16.222 EH/s on June 30 to 5.817 EH/s on July 30, a decline of approximately 64% within a month.

Meanwhile, data from Hashrate Index shows that on July 31, the three major mining pools—Foundry USA, AntPool, and F2Pool—collectively accounted for approximately 60.01% of Bitcoin's block share. Although SBI Crypto's hash rate saw a significant decline, public mining pool data cannot confirm which pool these hash rates ultimately migrated to. (CryptoSlate)