SBI Crypto, the subsidiary of the Japanese financial giant, is the latest firm to shutter its Bitcoin mining endeavor.
The file-sharing app launched 25 years ago and unleashed a wave of piracy that would shake Hollywood to its core.
Miners must redirect their hashrate before the July 31 cutoff, as the pool will stop accepting contributions after that date.
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SBI Holdings will acquire bitbank for ¥46.7 billion, creating Japan's largest crypto asset platform by customer assets.