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Binance Mining Pool to Shut Down on November 10 After Six Years

Binance's mining pool will cease operations after a six-year run, prompting miners to migrate their operations.

Binance's mining pool will cease operations after a six-year run, prompting miners to migrate their operations. This is an original TLT brief synthesising 4 outlets (TronWeekly, Unchained, DailyCoin, and others), plus live market data, as of Wed, 14 Oct 2026 04:15:01 UTC.

Why it matters

The shutdown marks a significant shift for Binance's mining ecosystem, impacting miners who rely on its infrastructure and services. It also reflects broader changes in the crypto mining landscape.

Covered by 4 outlets over about 11.2 h — TLT synthesises them all into one brief
  1. Crypto.news
    Binance to shut down its crypto mining pool on Nov. 10 ↗
  2. DailyCoin
    Binance to Shut Down Binance Pool and Cloud Mining ↗
  3. Unchained
    Binance Closes Its Mining Pool and Cloud Mining, Gives Miners Four Weeks to Move Hashrate ↗
  4. TronWeekly
    Binance Mining Pool Shutdown: Shocking Nov 10, 6yr Run ↗
Key takeaways
  • Binance Pool shuts down on November 10 at 07:00 UTC.
  • Miners must migrate hashrate and claim rewards before November 24.
  • Services like Pool Savings, Cloud Mining, and APIs will be discontinued.
  • Crypto market remains stable amid the announcement.
What the reporting agrees on

Multiple outlets, including TronWeekly, Unchained, DailyCoin, and Crypto.news, confirm that Binance will shut down its mining pool on November 10 at 07:00 UTC. They agree that miners will have until November 24 to view their payout records and claim rewards before the pool's pages disappear. However, the outlets differ slightly in their emphasis: TronWeekly and Crypto.news highlight the discontinuation of related services like Pool Savings and APIs, while Unchained focuses on the timeline for miners to access their records.

The story so far · 3 briefs
  1. Binance to Discontinue Binance Pool Services in November 2026
  2. Binance to Discontinue Bitcoin Mining Operations After Six Years
  3. Binance Mining Pool to Shut Down on November 10 After Six Years — this brief

Binance has announced the shutdown of its mining pool, marking the end of a six-year operation that began in April 2020. The shutdown will take place on November 10 at 07:00 UTC, affecting all associated services, including Pool Savings, Cloud Mining, and APIs.

Miners using the Binance Pool will need to migrate their hashrate and operations before the November 10 deadline. According to Unchained, miners will have until November 24 to view their payout records and status before the pool's pages are removed entirely.

The decision to close the mining pool comes as Binance continues to adjust its service offerings amid a changing regulatory landscape and evolving market conditions. The shutdown will force miners to find alternative platforms to continue their operations.

TronWeekly and Crypto.news both emphasize the discontinuation of related services, suggesting a comprehensive shutdown of Binance's mining ecosystem. This includes the termination of Pool Savings and APIs, which are crucial for many miners' operations.

The broader crypto market remains relatively stable, with a total market cap of $2.88 trillion and a Fear & Greed index at 62, indicating a 'Greed' sentiment. Bitcoin's 24-hour price increase of 0.94% suggests that the market has not been significantly affected by the Binance announcement.

The shutdown of Binance's mining pool underscores the dynamic nature of the crypto industry, where companies frequently adapt to new challenges and opportunities. Miners will need to monitor the situation closely and prepare for the transition to new platforms.

The market when this published · October 13, 2026
Total market cap$2.88T
Bitcoin 24h+0.94%
Ethereum 24h+0.94%
BTC dominance58.3%
Fear & Greed62 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 14, 2026.

Bitcoin DeFi TVL$4.46BDeFiLlama ↗
Bitcoin network hashrate1000 EH/sdifficulty 132.7Tmempool.space ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Binance Mining Pool to Shut Down on November 10 After Six Ye — questions & answers

When will Binance Pool stop accepting mining shares?

Binance Pool will stop accepting mining shares on November 10 at 07:00 UTC.

What happens to miners' payout records after the shutdown?

Miners have until November 24 to view their payout records before the pool's pages disappear.

Which services will be discontinued with the shutdown?

Pool Savings, Cloud Mining, and APIs will be discontinued along with the mining pool.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from TronWeekly, Unchained, DailyCoin, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyBinance Company
TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 14, 2026 ⛓ Timestamped at Bitcoin block #971,342 sha256:7fd42d1bf7a91236
Corroborated across 4 outlets, reported over about 11.2 h — this is an original TLT summary with live market data, not the original article.Crypto.news · Oct 13 04:48 ↗DailyCoin · Oct 13 12:05 ↗Unchained · Oct 13 12:32 ↗TronWeekly · Oct 13 16:02 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.