Binance to shut down its Bitcoin mining pool on 10 November 2026

Key points

• Binance Pool and related services will be discontinued on 10 November 2026, the exchange said in an 12 Oct notice.
• The pool launched on 24 April 2020 and has mined 22,188 blocks, collecting 137,059 BTC in rewards.
• It ranked ninth by hashrate and was still directing 19.7 EH/s at the network, mining about three blocks in 24 hours.

Binance will shut down its Bitcoin mining pool, Binance Pool, and related services on 10 November 2026, the exchange said in a notice dated 12 October. The closure ends a six-year run for the mining operation, which Bitcoin.com News reported this week.

The pool launched on 24 April 2020 at block height 627474.

Services being discontinued include Pool Savings, Cloud Mining, Transaction Accelerator, Telegram hashrate alerts, email notifications and mining pool API services. The notice tells users how to claim remaining eligible mining shares and disconnect from the pool, but gives no reason for the decision. Binance Pool was still operating, directing 19.7 exahash per second at the Bitcoin network and mining roughly three blocks in the previous 24 hours.

Binance is not the first pool to exit in 2026. Miningpoolstats data shows 127 entities, including many solo miners, still contributing computing power to Bitcoin.

What to watch: Binance Pool and its related services are due to cease operations on 10 November 2026.

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