SBI Crypto Opens Mining Pool Services to the Masses
SBI Crypto has opened its mining pool service for both institutions and individuals.
:format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/I4T3Y5VCFVF3LORLSCYEXM5D7E.jpg)
Bitcoin mining equipment
The general public can now access SBI Crypto's mining pool services.
- Following a limited release earlier this year, mining pool services will now be available to both institutions and individual customers, the wholly owned subsidiary of Japanese conglomerate SBI Holdings said in a press release on Friday.
- "While many of the developed features target institutional customers, the service is also available to individual customers as well," the firm said.
- Starting on Friday, new users can gain access to the mining pool services by requesting an account, while access will be open for all without requests starting next month, the press release said.
- Ranked 11th, the SBI Crypto's mining pool currently generates a hash power of around 1.1 exa hashes per second (EH/s). The firm has been self-mining digital assets in overseas mining farms since August 2017.
Also read: SBI Is Offering Shareholders Option of Getting XRP as Reward for 2nd Year
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.