Binance to Shut Down Crypto Mining Pool on November 10: What Miners Must Do

The Binance Pool and other mining services provided by Binance will cease operations at 07:00 UTC on November 10, 2026. Binance officially announced this cessation on October 13. In its statement, Binance cited this decision as part of its continuing review of its services.

The shutdown affects miners who earn rewards on the Binance network. Customers who want to keep mining must transfer their mining equipment to another mining pool by the deadline to take advantage of other mining opportunities.

Binance Pool Shutdown: Mining Rewards and Services Affected

At the deadline, Binance will stop accepting Stratum addresses and other mining services. Work and hashrate completed after the deadline are not recognized and will not be credited. Work and hashrate completed by qualified miners before the deadline will be recognized and credited under current reward policies.

The decision will impact other products, including Pool Savings, Cloud Mining, and Transaction Accelerator. Email and Telegram hashrate alerts and Mining API services will no longer be offered. Products discontinued as a result of this decision will no longer earn rewards or returns.

Users who have Pool Savings products should withdraw or cancel subscriptions before November 10. Binance recommends that users verify their account and take steps to collect any monies they are owed and complete any necessary identity checks by 23:59 UTC on November 10.