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Binance to Discontinue Binance Pool Services in November 2026

Binance has announced the closure of its mining pool services, prompting miners to relocate their operations.

Binance has announced the closure of its mining pool services, prompting miners to relocate their operations. This is an original TLT brief based on reporting by Coinfomania, with live market data added, as of Tue, 13 Oct 2026 12:15:02 UTC.

Why it matters

The closure of Binance Pool marks a significant shift in the crypto mining landscape, affecting miners who rely on its infrastructure and potentially redistributing hashing power across other pools.

Key takeaways
  • Binance Pool will cease operations on November 10, 2026.
  • Miners must relocate equipment before connections are disabled.
  • The move is part of Binance's broader product review strategy.
The story so far · 2 briefs
  1. Binance to Discontinue Crypto Mining Pool Operations on November 10
  2. Binance to Discontinue Binance Pool Services in November 2026 — this brief

Binance has confirmed that it will discontinue its Binance Pool services, with the closure scheduled for November 10, 2026. This decision comes as part of a comprehensive review of its product offerings, as reported by Coinfomania and CryptoNews.

The shutdown will affect mining services, requiring miners who utilize Binance Pool to relocate their equipment before the deadline. CryptoNews highlights that connections will be disabled after the closure date, underscoring the urgency for miners to transition their operations.

The decision to close Binance Pool is corroborated by both Coinfomania and CryptoNews, with both outlets agreeing on the November 2026 closure date. However, they differ slightly in their emphasis, with CryptoNews focusing on the mining services aspect and Coinfomania framing the move as part of a broader product review.

Binance Pool has been a significant player in the cryptocurrency mining space, providing infrastructure and support for miners worldwide. Its closure could lead to a redistribution of hashing power across other mining pools, potentially impacting the overall dynamics of the mining ecosystem.

As of the latest market data, the total crypto market cap stands at $2.87 trillion, with the overall market remaining relatively flat. Bitcoin is down 0.25% in the past 24 hours, and the Fear & Greed Index is at 57, indicating a state of 'Greed' in the market.

The market when this published · October 13, 2026
Total market cap$2.87T
Bitcoin 24h-0.25%
Ethereum 24h-2.24%
BTC dominance58.4%
Fear & Greed57 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.

Bitcoin DeFi TVL$4.47BDeFiLlama ↗
Bitcoin network hashrate1001 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 to Discontinue Binance Pool Services in November 202 — questions & answers

When will Binance Pool officially close?

Binance Pool will close on November 10, 2026.

What should miners using Binance Pool do?

Miners must relocate their equipment before connections are disabled.

Why is Binance closing its mining pool?

The closure is part of a broader product review by Binance.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Coinfomania. 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 13, 2026 ⛓ Timestamped at Bitcoin block #971,231 sha256:aee15fb350d9e740
Based on reporting by Coinfomania — this is an original TLT summary with live market data, not the original article.Coinfomania · Oct 13 10:48 ↗

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.