Binance to Discontinue Mining Services on November 10, 2026
Binance Pool, Cloud Mining, and related services will permanently shut down, impacting miners and infrastructure.
Binance Pool, Cloud Mining, and related services will permanently shut down, impacting miners and infrastructure. Bitcoin (BTC) is trading at $81,531.00, down 0.1% since this brief published. This is an original TLT brief synthesising 5 outlets (Crypto Adventure, Live Bitcoin News, The News Crypto, and others), plus live market data, as of Thu, 15 Oct 2026 01:00:05 UTC.
The shutdown marks Binance's strategic retreat from mining infrastructure, affecting thousands of miners and signaling a potential shift in the company's focus away from direct crypto mining operations.
- Binance to Shut Down Binance Pool and Cloud Mining Services on November 10 ↗
- Binance Pulls the Plug on All Its Mining Related Services: Here's What to Know ↗
- Binance to Shut Down Mining Pool and Related Services in November ↗
- Binance Sets November Deadline to End Mining Pool Services ↗
- Binance Will Shut Down Its Mining Pool and Cloud Mining Services in November ↗
- Binance Pool and Cloud Mining services to end on November 10, 2026
- Miners must redirect hashrate before the shutdown at 07:00 UTC
- Historical mining records will be accessible until November 24
- Bitcoin network hashrate currently at 1013 EH/s
Multiple outlets including Crypto Adventure, Live Bitcoin News, and The News Crypto confirm that Binance will discontinue its mining services on November 10, 2026 at 07:00 UTC. The shutdown will affect Binance Pool, Cloud Mining, Pool Savings, Transaction Accelerator, and related services. While most outlets report similar details, Unchained specifies that miners have until November 24 to view their records and payout status, and Decrypt emphasizes the move as a retreat from mining infrastructure.
- Binance to Discontinue Mining Services on November 10, 2026 — this brief
- Binance to Shut Down Bitcoin Mining Pool on November 10
Binance has announced the permanent discontinuation of its mining services, including Binance Pool and Cloud Mining, effective November 10, 2026. The shutdown will occur at 07:00 UTC, after which Binance will disable mining endpoints and stop accepting new hashrate submissions.
Affected services include Binance Pool, Cloud Mining, Pool Savings, Transaction Accelerator, Telegram hashrate alerts, email notifications, and mining pool API services. Miners will need to redirect their computing power to alternative mining pools before the shutdown to avoid disruptions.
Most outlets agree on the November 10 shutdown date and the core services being discontinued. However, Unchained provides additional detail about miners having until November 24 to view their records and payout status, while other outlets do not mention this specific timeline.
The decision comes amid a broader product review by Binance, as the company reevaluates its involvement in various crypto infrastructure services. This move follows a trend of major crypto exchanges scaling back their direct involvement in mining operations.
As of the latest data, the 
Bitcoin network hashrate stands at 1013 EH/s with a difficulty of 132.7T, indicating a robust mining ecosystem despite Binance's withdrawal. The broader crypto market remains in a neutral sentiment with a Fear & Greed index of 53, while Bitcoin's price is at $81,635, showing a 24-hour decline of 1.82%.
The discontinuation of Binance's mining services may lead to a redistribution of mining power across other pools and could impact the competitive landscape of the mining industry. Miners and industry observers will be watching for any shifts in hashrate distribution and potential changes in mining difficulty following the shutdown.
Since this brief published about 40 hours ago, Bitcoin (BTC) has moved from $81,635.00 to $81,531.00 — -0.13%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦111.41M (about $81,531.00), down 2.2% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 15, 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 Mining Services on November 10, 2026 — questions & answers
What services will be discontinued by Binance?
Binance Pool, Cloud Mining, Pool Savings, Transaction Accelerator, and related services will be discontinued.
When will the shutdown take place?
The shutdown is scheduled for November 10, 2026 at 07:00 UTC.
What should miners do before the shutdown?
Miners must redirect their computing power to alternative mining pools before the shutdown to avoid disruptions.
How much is 1 Bitcoin worth in naira today?
About ₦111.41M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $81,531.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.13% since this brief first published — trading at $81,531.00 now versus $81,635.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto Adventure, Live Bitcoin News, The News Crypto, CoinCodex, Crypto Daily, 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.
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.