The Binance mining pool shutdown will end reward generation and mining connections at 07:00 UTC on November 10, 2026, requiring miners to move their equipment to another pool to keep earning rewards. The closure covers Binance Pool and several related products, but not the company’s main cryptocurrency exchange.
Key takeaways
- Binance’s mining services close on November 10, 2026.
- Miners need another pool to continue earning rewards.
- Pool Savings users should redeem or cancel before closure.
- Historical pool records remain available until November 24, 2026.
Binance announced the decision on October 13, 2026, citing its continuing review of services. Users face separate deadlines for moving equipment, completing account requirements and saving their payment information.
Binance mining pool shutdown ends connections and rewards
Among the services being shut down are Binance Pool, Pool Savings, Cloud Mining, Transaction Accelerator and Pool APIs. Email and Telegram hashrate alerts will also stop, and discontinued products will no longer generate rewards, returns or service benefits.
At the cutoff, Binance will disable its Stratum addresses and mining endpoints—the connections miners use to submit computing power. Work and hashrate submitted afterward will not be accepted, processed or credited toward rewards.
Eligible work submitted before the deadline will still count under existing reward policies. Binance says mining services will operate normally until closure.
Miners must transfer their equipment to another mining pool and update their mining configurations before the cutoff. Machines left configured to use Binance’s old endpoints will no longer be able to submit work through those connections.
Pool Savings, final payments and access deadlines
Pool Savings users should withdraw their funds or cancel subscriptions before November 10, 2026. Users awaiting rewards, refunds or other balances should also ensure their accounts can receive those payments.
As reported by crypto.news, Binance has instructed customers to complete necessary identity verification and other account requirements by 23:59 UTC on November 10, 2026. Once the services are discontinued, any qualifying outstanding rewards, refunds and balances will be handled in line with product terms, account status, risk controls, compliance reviews and applicable laws.
Transaction and payment information will remain accessible until 07:00 UTC on November 24, 2026. Customers should save mining records, transaction reports, account history and evidence of payments owed before access ends.
Binance will remove pool links from its homepage on November 10, 2026. The remaining historical pages will stay available for 14 days before permanent deactivation.
A service review closes a pool launched in April 2020
Binance’s stated basis for the closure is its ongoing review of products and services. The mining pool began in April 2020, initially supporting Bitcoin miners and connecting mining rewards with other exchange products.
In October 2022, the pool introduced a $500 million lending program for Bitcoin miners and digital asset infrastructure companies, according to crypto.news. Later additions included Bitcoin Ordinals inscription services in August 2023 and Fractal Bitcoin merged mining support in November 2024.
The company has not disclosed the pool’s hashrate or financial information related to the shutdown.
The main exchange continues operating
Binance’s main cryptocurrency exchange services will continue operating; the shutdown concerns its mining pool and related offerings. Affected miners still need to move their equipment and change pool settings before mining connections close.
For assistance with remaining balances, Binance has directed users to its Customer Support and Help Center. The company says its original English announcement takes precedence if translated versions conflict over account requirements, settlements or closure deadlines.
Article produced with the assistance of artificial intelligence and reviewed by the editorial team.