SBI Crypto Announces Its Start of Mining Pool Service

SBI Crypto, the subsidiary of SBI Holdings, announced that its mining pool service are available in English, Mandarin, and Japanese languages. Users can get access to the pool via https://www.sbicrypto.com. The company will open signups without requests in April 2021.

SBI Crypto has been self-mining digital assets in overseas mining farms since August 2017 and continues to expand its scale. The company will use its current mining power of approximately 1.1 EH/s to support and provide stability to the pool. 

While many of the developed features target institutional customers, the service is also available to individual customers as well. Part of the pool's service was developed to complement datacenter management services as part of a strategic partnership with Northern Data AG. This collaboration improves the services offered by both companies.

​SBI is a major Asian company with a significant share in the crypto industry, from exchange services to lending. It has formed a joint venture with Ripple to promote the uses of blockchain infrastructure in cross-border payments.