Binance Pool to Cease Operations on November 10, 2026, Affecting Bitcoin Miners

Binance will discontinue its mining pool and related services at 07:00 UTC on November 10, 2026. This decision, announced on October 13, affects Bitcoin miners who must redirect their machines to another pool to avoid interruptions in mining activity.

The closure encompasses more than just the basic block-reward service. Binance is also withdrawing Pool Savings, Cloud Mining, its Transaction Accelerator, and several supporting features, including mining pool APIs and hashrate alerts.

Miners currently connected to Binance Pool must reconfigure their machines before the cutoff, as new shares and hashrate submissions will no longer be accepted after the deadline. Additionally, Binance has advised users to manage their active savings positions and ensure their accounts can receive any outstanding rewards or refunds.

This move is part of Binance's ongoing product review, although the exchange has not specified that a decline in hashrate prompted the decision. It is important to note that this closure does not affect Binance's Bitcoin exchange or spot trading operations, marking a strategic exit from a segment of its mining-services business.