Cryptocurrency exchange Binance has announced it will completely cease operations of its mining services platform, Binance Pool. According to the announcement, Binance Pool and all related services will be terminated on November 10, 2026, at 10:00 AM.
According to Binance’s statement, the service shutdown will not be limited to the mining pool alone. Pool Savings, Cloud Mining, Transaction Accelerator, and Hashrate Alerts services offered within Binance Pool will also be discontinued on the same date.
In addition, the mining pool’s application programming interface (API) service will be terminated. Therefore, miners using the Binance Pool infrastructure and applications connecting to related systems will no longer have access to these services from the specified date.
The exchange announced that mining connections will be blocked as of November 10th at 10:00 AM. After this date, no new mining tasks can be submitted via Binance Pool, and no new rewards will accumulate from mining activities.
Mining pools function as systems that allow different miners to pool their computing power to participate in block production on blockchain networks. Rewards obtained through these platforms are distributed among participants according to the rules of the service used.
The closure of Binance Pool will directly impact the current activities of users who rely on the platform’s mining infrastructure. Users who trade via mining connections and automated systems, in particular, will need to take the service termination date into account.
Binance’s announcement did not provide any further details regarding the reason for the closure or how existing users’ accumulated rewards from the past will be processed.
According to the announced schedule, Binance Pool and all related services will cease operations as of November 10, 2026.
*This is not investment advice.
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