Binance Pool’s Final Countdown Forces Miners to Act…
By Damilola Esebame
AI summary of the source article
Binance announced it will shut down Binance Pool, Pool Savings, Cloud Mining, and its Transaction Accelerator on 10 November 2026. The pool's dashboard will remain in read-only mode until permanently closing on 24 November 2026.
Why it matters
These closures may change the distribution of mining activity, but they do not automatically remove the associated hashrate from the Bitcoin network.
Key facts
- Binance will end its mining pool, Cloud Mining, Pool Savings, and Transaction Accelerator services at 07:00 UTC on 10 November 2026.
- The pool dashboard will stay accessible in read-only mode for historical records until going offline permanently on 24 November 2026.
- Binance Pool represented approximately 2% to 2.3% of Bitcoin's total network hashrate prior to the planned closure.
Source excerpt · FinanceFeeds
Binance will shut down Binance Pool, Pool Savings, Cloud Mining, and its Transaction Accelerator at 07:00 UTC on 10 November 2026, the exchange announced on 13 October . Stratum endpoints will stop accepting connections at the cutoff, and any hashrate directed to Binance Pool after that time earns nothing. The closure ends a six-year run that began when Binance launched its mining pool in April 20…