Binance Closes Its Mining Pool and Cloud Mining, Gives Miners Four Weeks to Move Hashrate
By Unchained
AI summary of the source article
Binance announced it will shut down Binance Pool and related products, including Cloud Mining and Pool Savings, on Nov. 10. Miners have four weeks to redirect their hashrate before connections are terminated.
Why it matters
Binance said the move is part of an ongoing review of its products and services.
Key facts
- Binance will close Binance Pool, Cloud Mining, Pool Savings, and the Transaction Accelerator on Nov. 10.
- Mining connections, Stratum URLs, and API access will be switched off at 7 a.m. UTC on Nov. 10.
- Pool pages will remain accessible for 14 days until Nov. 24 for users to review past records before permanent removal.
Source excerpt · Unchained
Binance Pool will stop accepting mining shares at 7 a.m. UTC on Nov. 10, and miners have until Nov. 24 to view their records and payout status before the pool's pages disappear. The post Binance Closes Its Mining Pool and Cloud Mining, Gives Miners Four Weeks to Move Hashrate appeared first on Unchained .