Binance will discontinue its mining pool and related services at 07:00 UTC on November 10, 2026, giving Bitcoin miners a firm deadline to redirect their hashrate before operations cease. The exchange announced the closure on October 13, confirming that the shutdown extends beyond basic block-reward services to include Pool Savings, Cloud Mining, Transaction Accelerator, mining pool APIs, and hashrate alerts.
Miners currently pointing hardware at Binance Pool must reconfigure their machines for another pool before the cutoff. After that time, new shares and hashrate submissions will no longer be accepted or credited. Operators running significant hashrate need to update stratum connection settings across potentially hundreds or thousands of machines, verify payout address configurations, and confirm that any pending balances will be settled before or shortly after the shutdown.
Binance has also asked users to manage active savings positions and ensure their accounts can receive outstanding rewards or refunds. Eligible balances will be handled under the relevant product terms and compliance requirements, rather than disappearing automatically at the moment of closure. The exchange has described the move as part of an ongoing product review and has not stated that a specific hashrate decline caused the decision.
The announcement does not mean Binance is shutting down its Bitcoin exchange or spot trading operation. It is an exit from one part of the mining-services business. Bitcoin's network difficulty adjustment, which recalibrates every 2016 blocks, is expected to absorb any hashrate redistribution following the closure. Miners who migrate promptly to functioning pools should continue earning rewards without interruption, while those who delay risk downtime.
