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Binance to Shut Down Crypto Mining Pool in November
Binance said miners should move equipment before the cutoff, and historical pool pages will remain available for 14 days.
- Binance will discontinue Binance Pool and related services on November 10, 2026, at 07:00 UTC, urging miners to redirect their equipment to alternative pools before the shutdown to avoid interruptions.
- The exchange announced the closure on Tuesday, October 13, 2026, citing an ongoing product review, ending an operation running for over six years since its April 2020 launch.
- Services affected by the closure include Pool Savings, Cloud Mining, Transaction Accelerator, mining APIs, and hashrate notifications; the exchange instructed customers with active Pool Savings positions to redeem or unsubscribe before November 10.
- Miners must update their configurations to connect to other pools, as the exchange will disable all Stratum addresses and endpoints; eligible outstanding rewards and refunds will be processed after shutdown, subject to compliance rules.
- Until November 24, 2026, customers will retain access to historical mining records and payout information, as the company made no announcement regarding changes to its main cryptocurrency exchange operations.
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The closing of Binance's mining pool will take place at 07:00 UTC on 10 November 2026: from that moment on, rewards and connections end, and miners must move the machines to another pool. The stop concerns Binance Pool and several related products, not the main exchange. Binance communicated the decision on 13 October 2026, speaking [...]
Binance is withdrawing from the mining business. After more than six years, the crypto exchange is closing down its mining pool. Affected miners need to find a new provider. Source: BTC-ECHO BTC-ECHO
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