Binance Sets November Deadline to End Mining Pool Services

• Binance Pool, Cloud Mining, Pool Savings, and Transaction Accelerator will close on November 10, 2026.
• Miners must redirect their computing power before Binance ends mining connections and reward generation.
• Historical mining records will remain accessible until November 24, when Binance permanently closes the pages.

Binance will discontinue Binance Pool and its related mining services on Nov. 10, 2026, ending support for mining connections, reward generation, and several associated products. The exchange has urged miners to migrate to alternative pools before the deadline.

Binance Pool Shutdown Covers Multiple Services

Binance announced on Oct. 13 that it would discontinue Binance Pool and related services at 07:00 UTC on November 10. The closure includes Pool Savings, Cloud Mining, Transaction Accelerator, and supporting mining pool APIs and notification tools.

According to the announcement, Binance will disable its mining endpoints and terminate Stratum connections when the shutdown takes effect. As a result, the platform will stop accepting hashrate contributions and crediting mining shares submitted after the deadline.

The affected services will also stop generating new mining rewards and associated yields. Miners currently using Binance Pool must therefore redirect their computing power to alternative providers before the cutoff to avoid interruptions.

The decision follows Binance’s ongoing review of its products and services. However, the exchange has not disclosed a specific commercial, financial, or regulatory reason for ending its mining operations.

Binance launched its mining pool in April 2020, initially supporting Bitcoin mining before expanding its mining-related offerings. The service let participants combine computing power and earn rewards through pooled mining rather than relying solely on individual operations.

The November closure will end more than six years of operations. However, Binance has not indicated that the decision affects its main cryptocurrency exchange, spot trading, or other unrelated services.

Binance to Discontinue Binance Pool and Related Services on November 10, 2026

Binance will discontinue Binance Pool and related services on November 10, 2026, at 07:00, including Binance Pool, Pool Savings, Cloud Mining, Transaction Accelerator, and Pool APIs. At that time,… pic.twitter.com/a0wLCtTHhb

— Wu Blockchain (@WuBlockchain) October 13, 2026

Binance Sets Deadlines for Rewards and Historical Records

Binance has advised customers with active Pool Savings positions to redeem their holdings or unsubscribe before the shutdown. Users should also review outstanding balances and ensure their accounts meet requirements to receive eligible payments.

The exchange said eligible rewards, refunds, and settlements would be processed after November 10, subject to relevant product rules and compliance procedures. Customers may need to complete identity verification or other account requirements to facilitate payment processing.

Meanwhile, Binance Pool’s historical data pages will remain accessible until November 24, 2026, at 07:00 UTC. Users can access available mining records and payout information during this period before the pages become permanently unavailable.

The additional two-week window gives miners time to review their records and retain information needed for account reconciliation. However, customers should download relevant data before the final deadline.

The shutdown may also redistribute some computing power across competing mining pools as affected users select alternative providers. Even so, Binance has not disclosed its pool’s current hashrate or the number of miners affected, making the potential industry impact difficult to quantify.

For now, miners must prioritize transferring their equipment, updating mining configurations, and checking outstanding balances. Binance’s announcement does not indicate replacement services, leaving affected customers to arrange alternative mining infrastructure independently.