Miners Must Find New Pools Before Binance’s November Cutoff

Binance will shut down Binance Pool and related mining services at 07:00 UTC on November 10, 2026. The miners are required to redirect their hardware and Pool Savings users to redeem or unsubscribe before the cutoff. BTC USD is trading at $82,343, down 1.00% on the day, between support at $80,660 and resistance at $87,145, so the news has not triggered a clear market reaction.

The Binance Pool shutdown comes as the exchange broadens its financial products: on June 1, it opened access to more than 7,000 U.S. stocks and ETFs for customers outside the United States and previewed bStocks.

The juxtaposition is clear, but Binance has not said the equities expansion caused its Bitcoin mining exit.

What Do Binance Pool Miners Have to Do by November 10?

A mining pool combines the computing power of many miners, then distributes block rewards according to the work each miner contributes. It lets individual operators share in rewards more regularly than mining alone does, while each payout reflects their contribution.

Binance's closure covers Binance Pool, Pool Savings, Cloud Mining, and Transaction Accelerator. They are also shutting down Telegram hashrate alerts, email notifications, and the pool's application programming interface (API). Cloud Mining let users buy a share of mining power, known as hashrate, without owning hardware; Transaction Accelerator helped push through Bitcoin transactions delayed by low fees or network congestion.