Binance is shutting down Binance Pool and its related mining services on November 10, 2026, ending a product that connected miners directly to the exchange’s broader crypto ecosystem.
In an official announcement published October 13, Binance said all Pool services will stop at 07:00 UTC on November 10. The shutdown includes Binance Pool, Pool Savings, Cloud Mining, Transaction Accelerator, Telegram hashrate alerts, email notifications and mining-pool API services.
The most important change for active miners is at the Stratum layer. Binance says its mining-pool Stratum URLs and endpoints will be disabled at the cutoff. Hashrate and miner shares submitted after that time will no longer be accepted, processed or credited.
Earlier in 2026, Binance was still promoting Bitcoin mining campaigns through Binance Pool. The service is now scheduled to close in November.
What miners need to change
- Disconnect miners from Binance Pool before November 10 at 07:00 UTC.
- Replace the Binance Stratum pool address in ASIC or proxy configuration with another mining pool.
- Confirm the new worker name, payout address and pool credentials before moving production hashrate.
- Redeem or cancel active Pool Savings positions before the service ends.
- Save any mining history, reports or payout records needed for accounting or operations.
Binance says eligible shares submitted before the deadline will remain part of the final reward calculation. Pool pages will stay available for historical data and payout status for another 14 days, until November 24 at 07:00 UTC, and will then become permanently inaccessible.
This 2026 Binance Pool setup walkthrough shows the mining-account, worker and pool-address configuration miners will now need to replace when moving elsewhere.
The Block independently reported the closure and noted that Binance is discontinuing the mining operation while expanding other financial and trading products. Binance itself described the decision only as part of an ongoing review of products and services; it did not identify a single technical failure or mining-specific incident as the cause.
The closure does not affect Bitcoin’s protocol or miners’ ability to keep hashing. A pool coordinates work and distributes rewards; miners can redirect the same ASIC hardware to another compatible pool. BitcoinVersus.Tech recently explained how mining pools changed Bitcoin mining, covered f2pool adding Lightning withdrawals, and examined P2Poolv2’s work on Lightning payouts.
For operators, the practical risk is downtime rather than stranded hardware. If a miner is still pointed at a Binance Pool endpoint after the cutoff, its submitted work will no longer be credited. Reconfiguring primary and backup pool endpoints before November 10 is the safest operational response.
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