Reason to trust
How Our News is Made
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Ad discliamer
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
TL;DR: Binance will discontinue its mining pool and related services at 07:00 UTC on November 10, 2026. Miners must redirect their machines before the shutdown to avoid an interruption in mining activity.
Bitcoin miners connected to Binance Pool have a firm deadline: November 10. The exchange announced on October 13 that its mining pool, along with a range of related products, will stop operating at 07:00 UTC on that date.
The closure is wider than the pool’s basic block-reward service. Binance says it is also withdrawing Pool Savings, Cloud Mining, its Transaction Accelerator and several supporting features, including mining pool APIs and hashrate alerts.
For miners, the practical step is straightforward but time-sensitive. Machines currently pointed at Binance’s mining endpoints will need to be reconfigured for another pool before the cutoff. After that time, new shares and hashrate submissions will no longer be accepted or credited by Binance Pool.
There is a financial housekeeping task, too. Binance has asked users to deal with active savings positions and ensure their accounts can receive any outstanding rewards or refunds. Eligible balances will be handled under the relevant product terms and compliance requirements, rather than disappearing automatically at the moment of shutdown.
Binance has described the move as part of an ongoing product review. It has not established in its closure notice that a specific hashrate decline caused the decision, so claims about the precise commercial reason should be treated cautiously.
The announcement does not mean Binance is shutting down its Bitcoin exchange or spot trading operation. It is an exit from one part of the mining-services business, with an immediate operational consequence for miners who still use it.
