Binance to shut down mining pool and cloud mining services in November
Binance has announced it will discontinue Binance Pool, Cloud Mining, and related mining services on Nov. 10, 2026, giving miners until late November before pool pages go permanently offline.
Binance announced it will terminate Binance Pool, Cloud Mining, and related mining services on Nov. 10, 2026, according to an official company notice shared by Crypto Patel. The company cited an ongoing review of its products and services without providing further rationale. The discontinuation applies strictly to mining-related products and does not impact the Binance cryptocurrency exchange.[5][2][3][4]
The operational cutoff is scheduled for 07:00 UTC on Nov. 10, at which point Binance Pool will disconnect active connections and disable Stratum URLs and mining endpoints. Any hashrate or mining shares submitted after that deadline will not be processed or credited. Journalist Laura Shin reported that the mining pool, which Binance originally launched in 2020, will see its web pages go offline permanently on Nov. 24.[5][1]
The shutdown also encompasses Pool Savings, Transaction Accelerator, mining pool APIs, email notifications, and Telegram hashrate alerts. Eligible outstanding rewards, balances, refunds, and settlements are slated to be processed after the Nov. 10 cutoff under product terms and compliance reviews. Analytics Insight noted that miners face deadlines for transferring equipment, settling balances, and retrieving historical records, while Crypto Briefing reported the move may prompt miners to migrate to competing platforms.[5][4][2]
Key facts
- Binance is discontinuing Binance Pool, Cloud Mining, and related mining services effective Nov. 10, 2026.
- Binance Pool Stratum URLs and mining endpoints will be disabled at 07:00 UTC on Nov. 10, 2026, and shares submitted after that time will not be credited.
- Binance Pool web pages will go offline permanently on Nov. 24, 2026, ending a service that first launched in 2020.
- Affected services include Binance Pool, Cloud Mining, Pool Savings, Transaction Accelerator, mining APIs, and hashrate alert notifications.
- Binance attributed the shutdown to an ongoing review of its products and services without detailing specific causes.
- The closure is limited to mining services and does not impact the Binance cryptocurrency exchange.
- Eligible outstanding rewards, balances, refunds, and settlements will be processed after 07:00 UTC on Nov. 10 subject to compliance checks and product terms.
Sources · 5 sources
- LS
Laura Shin@laurashinPost on X ·
Binance is closing the mining pool it launched in 2020. Shares sent after 7 a.m. UTC on Nov. 10 won't be credited, and pool pages go offline for good on Nov. 24. https://t.co/82KTGrmTyD
Open source - CB
Crypto BriefingArticle ·
Binance to shut down mining pool and related services on November 10 The shutdown may drive miners to seek alternative platforms, potentially impacting Binance's market influence and the broader crypto mining landscape. The post Binance to shut down mining pool and related services on November 10 appeared first on Crypto Briefing .
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Mando@rektmandoPost on X ·
🟥 Things I'm looking at today 🟥 Powered by @yeet Subscribe: https://t.co/7EJrnNhDKV Alts lead crypto lower, Ledger details hack, AI selloff Crypto * BTC: 83,231 (+1%) | BTC.D: 59.8% * ETH: 2,501 (-1%) | BNB: 741 (-1%) | SOL: 106 (-4%) * Fear & Greed: 56 | 24h Liq: $813M * BTC ETFs: -$65M | ETH ETFs: -$85M * Top Gainers: Q, S, BAT, PRL, TRAC * ZEC, HYPE lead crypto slump * Coinbase BTC premium lowest since July * Ledger supply-chain attack theft hits $103M * Ledger releases details on the CryptoBilis hack * US BTC transfers likely custody related: K33 * Bitcoin ETFs shed $680M over the past week * Advisor allocations to drive BTC to $1M: Calamos * Strategy buys 250 BTC, $192M STRC * BitMine buys 12.5K ETH * Solana halves target slot time to 200ms * DFDV keeps buying SOL as CHAD hits ATH * Robinhood Chain leads capitulate, mids rally * BLUR slumps, with frontend to shut on 12 Nov * Justin Sun holds $2.25B onchain: Arkham * Tradfi HFs eye crypto arbitrage: Binance * Binance to shut Binance Pool on 10 Nov * CME to add UNI futures trading * Monad to add confidentiality, compliance tools * Aptos launches encrypted mempool * $300B stablecoin market not crisis-ready: FSB * SBI, KB Card plan crypto payments for tourists * Robinhood tokenised stocks go live on Hedera * Morgan Stanley delays tokenised stocks to Q1 2027 * UK's Smarter Web issues first BTC-backed pref * Russia authorises Sberbank to exchange crypto * Moscow Exchange to open BTC to retail on 1 Dec * Sanctioned Russian A7 unveils USDT service * S Korea blocks KuCoin, MEXC, BingX, 24 more * Bybit launches US stock trading * Australia moves to regulate crypto-settled CFDs Macro * NASDAQ: $27,250 (0%) | Gold: $4,190 (0%) * This week: CPI, PPI, Warsh speaks, Earnings begin * Tech selloff hits US stocks * Oil falls on potential higher supply from Russia * Dollar hits 18 month high * BlackRock cuts US stocks to neutral, favors bonds * GS turns bullish on stocks for rest of 2026 * Private credit defaults hit record 6.3% * Elon pours $275M into GOP bid to hold Congress * I had 'nothing to do' with Omar raid: Trump * 10+ supertankers reverse course off Fujairah * UK blames Iran for plot against US bomber base * Iran accuses UK of staging false flag attack * US weighs cutting Starlink access in Ukraine * Putin wants deal more than Zelenskyy: Trump * Putin offers to pause attacks only on election day * Fitch warns France faces potential downgrade * China lithium futures plunge on EU hybrid cap AI & Tech * AI stocks slump on CXMT chip, Hock Tan comments * KOSPI halted as AI panic spreads * Meta releases first frontier model, Muse Wonder * Muse Wonder Full competes for top spot in tests * Microsoft unveils its third-gen AI chip Maia 300 * OpenAI plans to revive Sora * Anthropic cuts data harvested by distillers 90-99% * Epic Games reportedly orders devs to use Claude * SpaceXSI merges Grok, Cursor and X Premium * Nvidia reportedly halts RTX 5090 for AI chips * CPU demand could top $200B by 2030: AMD * US rejects power cuts to DCs in grid emergencies * AI testing officials to move to White House * Iran threatens to attack cables, data centers * IonQ to buy Elisity for up to $1.3B * Netflix readies layoffs of 5% of staff * Meta bans ByteDance ads on its platforms * Hackers heat French supermarket fridges to 122°F * Japan declares 'state of emergency in cyberspace' * Ukraine strikes cripple Yandex connectivity @YEET: Crypto's Casino Just passed $3.5B in lifetime volume! gm
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Analytics Insight@analyticsinmePost on X ·
𝗕𝗶𝗻𝗮𝗻𝗰𝗲 𝗣𝗼𝗼𝗹 𝘁𝗼 𝗦𝗵𝘂𝘁 𝗗𝗼𝘄𝗻 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟭𝟬, 𝗘𝗻𝗱𝗶𝗻𝗴 𝗖𝗿𝘆𝗽𝘁𝗼 𝗠𝗶𝗻𝗶𝗻𝗴 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 Binance Pool shutdown is officially scheduled for November 10, 2026! Mining rewards, cloud mining, and related services will end. Miners face deadlines for transferring equipment, settling balances, and accessing historical records. #Binance #BinancePool #BitcoinMining #CryptoNews #MiningPools #Blockchain #AnalyticsInsight #AnalyticsInsightMagazine Read More 👇 https://t.co/z9crKsBHXZ
Open source - CP
Crypto Patel@CryptoPatelPost on X ·
BINANCE TO SHUT DOWN MINING POOL & CLOUD MINING ON NOVEMBER 10! Binance has officially announced the shutdown of Binance Pool, Cloud Mining and related services effective November 10, 2026. SERVICES AFFECTED: ▪️ Binance Pool & Cloud Mining ▪️ Pool Savings ▪️ Transaction Accelerator ▪️ Mining-related APIs and alerts WHAT USERS NEED TO KNOW: Miners must migrate to alternative pools, review active positions and check outstanding rewards before the deadline. Binance cited an ongoing review of its products and services but did not disclose a specific reason. IMPORTANT: This is a mining-service shutdown, NOT a shutdown of the Binance exchange.
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