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.
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.
- 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.
- Binance to Discontinue Crypto Mining Pool Operations on November 10
- 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.
Figures and sectors in this story, checked live against on-chain aggregators · October 13, 2026.
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.
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.