Binance Pool shuts on November 10 as miners face deadline

What happened

Binance will shut its mining pool at 07:00 UTC on November 10, 2026. Miners using the service must move their machines to another pool before that time, because new work will no longer be credited.

The exchange set out the timetable in a closure notice dated October 13. The shutdown also covers Pool Savings, Cloud Mining and Transaction Accelerator, plus Telegram hashrate alerts, email notifications and mining-pool API services.

At the cutoff, Binance will disable its Stratum URLs and mining endpoints. Shares submitted before the deadline that meet the pool's rules will still count toward the final reward calculation.

Binance asks users to make sure their accounts can receive any eligible remainder, including completing identity checks where needed, by 23:59 UTC on November 10. Pool pages stay open until 07:00 UTC on November 24 for historical data, account records and payout status, where available.

Why it matters

Miners still pointed at Binance's endpoints face an operational deadline. If they do not reconfigure their equipment before the cutoff, their hashrate and shares will not be accepted or credited.

Users with active Pool Savings positions should review them and unsubscribe or redeem before the service ends. The product terms make redemptions subject to daily limits and available liquidity, with transfers within one business day or up to 90 days in exceptional circumstances.

The closure is limited to mining services. Binance has said the move is part of an ongoing product review, and the notice does not mean its Bitcoin exchange or spot trading operation is shutting down.

What is still unclear

• Binance has not said in its closure notice that a specific hashrate decline caused the decision, so claims about the precise commercial reason should be treated with caution.

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