Binance says it will permanently shut down Binance Pool and related cryptocurrency mining services on November 10, 2026, at 07:00 UTC. The move will end mining connections through the platform, stop new reward generation and bring several associated products to a close on the same schedule.
The company said miners using Binance Pool should switch their equipment to another provider before the cutoff. Binance did not name a replacement mining service and did not disclose how much hashrate is currently connected to its pool.
What ends on the shutdown date
At 07:00 UTC on November 10, Binance plans to disconnect mining equipment from Binance Pool and disable the Stratum addresses and other mining endpoints used to submit computing power. After that point, mining shares and hashrate sent to the service will no longer be accepted, processed or counted toward rewards.
The closure also applies to products tied to Binance Pool, including Pool Savings, Cloud Mining and Transaction Accelerator. Binance said Telegram hashrate alerts, email notifications and mining pool API access will stop at the same time, and affected services will no longer produce new rewards, yield or other benefits after the shutdown.
What miners need to do before the cutoff
Binance said the pool is expected to keep operating normally until the deadline. Eligible mining shares submitted before 07:00 UTC on November 10 are still expected to be included in the final reward calculation, subject to the platform’s existing mining rules.
Users contributing computing power through Binance Pool have been told to disconnect their mining machines and update configurations in advance. Equipment currently pointed to Binance’s Stratum addresses will need to connect to another mining pool if operators want to continue submitting work after Binance ends the service.
Rewards, refunds and account checks
The exchange also told customers with active Pool Savings positions to review their accounts and complete any required redemptions or cancellations before November 10. Users expecting unpaid mining rewards, refunds or other remaining balances should make sure their Binance accounts are able to receive those payments.
According to Binance, eligible unsettled rewards and refunds will continue to be processed after the shutdown, but only under applicable product terms and subject to account status, risk controls, compliance reviews and relevant laws. The company said account verification steps should be completed by 23:59 UTC on November 10 to help avoid delays.
Historical pages stay online briefly
Binance said customers should save mining records, transaction reports and account history before related pages disappear. After the shutdown, links to Binance Pool will be removed from the platform homepage.
Some historical mining pages will remain accessible for 14 days, until November 24 at 07:00 UTC. Binance said those pages will then be permanently closed. The company did not announce any change to its main cryptocurrency exchange operations.
Source: crypto.news