SBI Crypto
SBI Crypto is a Tokyo-based cryptocurrency mining pool and miner financing platform, wholly owned by SBI Holdings Inc., offering FPPS/PPLNS pool services across BTC, BCH, BSV, ETHW, and LTC plus crypto-backed, asset-backed, and hashrate-backed loans to mining operators worldwide.
- Company typePrivate
- Founded2017
- HeadquartersTokyo, Japan
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
What SBI Crypto does
SBI Crypto Co., Ltd., founded in 2017 and headquartered in Tokyo, is a wholly-owned subsidiary of SBI Holdings Inc. (8473.T) that operates a multi-algorithm cryptocurrency mining pool supporting BTC, BCH, BSV, ETHW, and LTC under both FPPS and PPLNS payout schemes, with an additional Solo Mining tier requiring a minimum 15 PH/s hashrate at a 1.5% pool fee. The platform is built around an API-first architecture with a tiered REST API (READ, FINANCIALS, UPDATE permission levels), virtual subaccount hashrate allocation, a Progressive Web App for iOS and Android, and a third-party security audit conducted by Silent Breach. Beyond the core pool, SBI Crypto operates a Miner Financing (MiFi) sub-brand offering crypto-backed loans (minimum $1M, LTV 40–75%), asset-backed loans (minimum $5M, LTV up to ~90%), and hashrate-backed loans, plus a consulting service for mining hardware and data center buildouts. The company earns revenue through mining pool fees (transaction-based take rate on payouts), interest on financing facilities, and API/integration services, distributes via self-serve web and mobile channels for SMB and individual miners, and sells enterprise financing through direct inquiry. SBI Crypto owns mining ASICs distributed across Japan, USA, Australia, Philippines, and Kazakhstan (with a stated geographic restriction excluding mainland China), and has been party to notable counterparty disputes including a 2023 $20 million settlement with Riot Platforms over a terminated Texas colocation agreement.
SBI Crypto firmographics
Firmographics- Name
- SBI Crypto
- Legal name
- SBI Crypto Co., Ltd.
- Website
- https://sbicrypto.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SBI Crypto is a Tokyo-based cryptocurrency mining pool and miner financing platform, wholly owned by SBI Holdings Inc., offering FPPS/PPLNS pool services across BTC, BCH, BSV, ETHW, and LTC plus crypto-backed, asset-backed, and hashrate-backed loans to mining operators worldwide.
- Ownership category
- akta.pro rank
SBI Crypto industry classification
Industry- Product category
- Cryptocurrency Mining Pool
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Miscellaneous Business Credit Institution (6159)
- akta.pro industry
- Mining Finance, Leasing & Hashrate-Backed FinancingInstitutional / OTC Crypto Credit & Bilateral LendingCrypto-Backed Consumer Loans (Secured)
Keywords
Where SBI Crypto is headquartered
LocationHeadquarters
- HQ city
- Tokyo
- HQ country
- Japan
- HQ region
- Asia
Offices1 record
Markets served
SBI Crypto business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Infrastructure, Personnel, Marketing or Sales
Revenue model
- Mining Pool Fees: Pool fees charged on mining payouts. The company purchases verified hashes from miners and pays them according to FPPS or PPLNS schemes, retaining a percentage as fee. Solo mining has 1.5% pool fee. Other fees shown are for BTC.
- Miner Financing Interest: Interest income from crypto-backed, asset-backed, and hashrate-backed loans to miners. Interest rates range from -5% to 20% depending on loan type and collateral
- API Services: RESTful API access for miners and third-party integrators to access pool statistics, manage subaccounts, and automate mining operations
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard Pool Mining |
| Transaction based/ take rate | Pay-as-you-go | Solo Mining |
| Transaction based/ take rate | Multi-year contract | Crypto-Backed Loans |
| Transaction based/ take rate | Multi-year contract | Asset-Backed Loans |
| Transaction based/ take rate | Multi-year contract | Hashrate-Backed Loans |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
SBI Crypto product offering
Product offeringCore offering
SBI Crypto operates a multi-coin cryptocurrency mining pool (BTC, BCH, BSV, ETHW, LTC) with FPPS and PPLNS payout schemes and among the lowest pool fees in the industry. It also provides Miner Financing (MiFi) — crypto-backed, asset-backed, and hashrate-backed loans for mining operations — plus consulting services for miner procurement and datacenter setup.
Product overview
SBI Crypto operates a cryptocurrency mining pool platform consisting of three main offerings: (1) the SBI Mining Pool - the core product providing FPPS/PPLNS mining pool services with multiple cryptocurrencies, Solo Mining, and Referral Program features; (2) Miner Financing (MiFi) - a financing service offering crypto-backed, asset-backed, and hashrate-backed loans for qualified mining clients; and (3) Consulting Services - providing expertise on miners, datacenter equipment, and infrastructure decisions.
Differentiator
Problem solved
Functional benefit
Brands
- Miner Financing (MiFi): A financing service offering crypto-backed loans, asset-backed loans, and hashrate-backed loans for cryptocurrency miners.
Products and services
- SBI Mining Pool
- Miner Financing (MiFi)
- Consulting Services
- SBI Crypto Mobile Application
Quantifiable outcome
- Lowest pool fees in the industry
- +1 more outcomes
Companies that use SBI Crypto
Customer profileSegments4 records
Ideal customer profiles3 records
SBI Crypto technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
SBI Crypto partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Extensive Financing PartnersminorThrough extensive partnerships, SBI Crypto refers qualified KYC'ed clients to competitive, innovative and flexible financing options for mining business needs. These partnerships enable crypto-backed, asset-backed, and hashrate-backed loan products.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
SBI Crypto competitors and assessment
Company assessmentDirect peers
- F2Pool: Long-standing multi-coin mining pool (founded 2013) supporting BTC, LTC, ETHW, and other coins with FPPS/PPS payouts. Closest direct competitor to SBI Crypto in terms of multi-coin breadth, payout schemes, and global miner base.
- Poolin: Multi-coin mining pool supporting BTC, BCH, BSV, LTC, ETH and others with FPPS payouts. Direct peer with comparable product breadth and miner financing adjacent services.
- ViaBTC: Multi-cryptocurrency mining pool supporting BTC, BCH, BSV, and LTC with PPS+/PPLNS payouts and a built-in exchange feature. Directly comparable product set, including coin switching that mirrors SBI Crypto's offering.
- AntPool: Operated by Bitmain, AntPool is one of the largest Bitcoin mining pools globally, offering FPPS/PPS+ payouts across BTC, BCH, LTC, and other SHA256 coins — directly comparable to SBI Crypto's pool and multi-coin offering.
- Braiins Pool (Slush Pool): One of the oldest Bitcoin mining pools (formerly Slush Pool), now operating as Braiins Pool with FPPS payouts and a focus on transparency. Comparable focus on pool reliability, transparency reporting, and developer-grade tooling.
Emerging players
- Luxor Technology: Cryptocurrency mining pool and hashrate-backed financial services platform. Overlaps with SBI Crypto on hashrate-backed loans and FPPS pool offerings, but with a more specialized focus on hashrate derivatives.
Others
- Marathon Digital Holdings: Public Bitcoin mining operator and the counterparty in SBI Crypto's Riot settlement (under prior name Riot Platforms). Comparable as a large-scale miner and counterparty to mining infrastructure providers, though Marathon operates mining rather than a pool.
- Hashrate Index / CoinShares: Data and analytics platform for Bitcoin mining economics, including hashrate pricing referenced by hashrate-backed loan products. Adjacent infrastructure participant whose pricing underpins market norms for products like MiFi.
Broad incumbents
- Foundry USA Pool: U.S.-based BTC mining pool and mining services arm of Digital Currency Group. Direct pool competitor for institutional North American miners and offers adjacent financing and equipment services similar to MiFi.
- Binance Pool: Mining pool operated by Binance, offering BTC, ETH, and altcoin mining integrated with the broader Binance exchange and savings products. Broader incumbent due to parent ecosystem but directly competes for the same miner pool fee wallet.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
SBI Crypto social profiles
Digital presenceSBI Crypto compliance and trust
Trust signalCompliance2 records
SBI Crypto financial estimates
Financial estimateRevenue estimate
Valuation estimate
SBI Crypto leadership team
Management profileNumber of profiles
Profiles1 record
SBI Crypto funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SBI Crypto M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SBI Crypto
What does SBI Crypto do?
SBI Crypto operates a multi-coin cryptocurrency mining pool (BTC, BCH, BSV, ETHW, LTC) with FPPS and PPLNS payout schemes and among the lowest pool fees in the industry. It also provides Miner Financing (MiFi) — crypto-backed, asset-backed, and hashrate-backed loans for mining operations — plus consulting services for miner procurement and datacenter setup.
Is SBI Crypto a public or private company?
SBI Crypto is a private company. It is classified as corporate owned and is currently operating.
When was SBI Crypto founded?
SBI Crypto was founded in 2017. It employs 1 to 10 people.
Where is SBI Crypto based?
SBI Crypto is headquartered in Tokyo, Japan, in the Asia region.
How does SBI Crypto make money?
Three revenue lines are on record. Mining Pool Fees are the primary driver. The others are miner Financing Interest and API Services.
Who are SBI Crypto's main competitors?
Direct peers on record are F2Pool, Poolin, ViaBTC, AntPool and Braiins Pool (Slush Pool). Luxor Technology is listed as an emerging player. Others are Marathon Digital Holdings and Hashrate Index / CoinShares. Broad incumbents are Foundry USA Pool and Binance Pool.
Does SBI Crypto have an API?
Yes. SBI Crypto Pool API provides a RESTful API for users to access public data through Public API and account data through Key Access Controlled API. The public API gives access to information on pool statistics such as 7 days and 30 days luck, found blocks, and payout history. Key Access Controlled API gives access to subaccount and worker data, payout data, as well as the ability to switch coins, clear inactive workers. API Keys have 3 levels of permissions: READ (query non-financial information), FINANCIALS (query payout-related information), and UPDATE (make changes to settings). Base URL is https://pool-api.sbicrypto.com. The API uses X-API-Key and X-API-Secret headers for authentication. Supports semantic versioning (v1, v2) and pagination. Security audit conducted by Silent Breach. Developer documentation is at sbicrypto.com/api.
What industry is SBI Crypto in?
SBI Crypto's product category is Cryptocurrency Mining Pool. Its primary akta.pro industry code is FSADAOAH, Mining Finance, Leasing & Hashrate-Backed Financing, with a secondary code of FSADAFAD, Institutional / OTC Crypto Credit & Bilateral Lending. Its NAICS code is 522320 and its SIC code is 6200.