Binance to Shut Down Bitcoin Mining Pool on November 10
Binance Pool will cease operations on November 10, requiring miners to transition to alternative pools before the deadline.
Binance Pool will cease operations on November 10, requiring miners to transition to alternative pools before the deadline. This is an original TLT brief based on reporting by CryptoNews, with live market data added, as of Thu, 15 Oct 2026 01:00:05 UTC.
The closure of Binance Pool marks a significant shift for miners who rely on its infrastructure, potentially impacting Bitcoin's network hashrate distribution and forcing users to adapt quickly to maintain their operations.
- Binance Pool to close on November 10 at 07:00 UTC.
- Miners must switch pools and close Pool Savings accounts by November 24.
- Binance's move coincides with its expansion into U.S. stocks and bStocks.
- Bitcoin network hashrate remains at 1013 EH/s amid the announcement.
- Binance to Discontinue Mining Services on November 10, 2026
- Binance to Shut Down Bitcoin Mining Pool on November 10 — this brief
Binance has announced that its 
Bitcoin mining pool will cease operations on November 10 at 07:00 UTC. The decision comes as Binance expands into new financial products, including U.S. stocks and bStocks, although the company has not officially connected the two developments.
Miners using the Binance Pool are required to switch to alternative mining pools before the closure. Additionally, users with Pool Savings accounts must close them by November 24 to avoid any potential disruptions to their mining operations.
The announcement has been corroborated by multiple outlets, with CryptoNews and 99Bitcoins both confirming the November 10 shutdown date. While CryptoNews emphasizes the immediate steps miners need to take, 99Bitcoins provides additional context on Binance's broader business strategy.
The Bitcoin network's hashrate currently stands at 1013 EH/s, according to mempool.space, indicating that the network remains robust despite the upcoming changes. The difficulty level is at 132.7T, reflecting the ongoing competition among miners.
In the broader market context, the total crypto market cap is $2.81T, with Bitcoin experiencing a 24-hour decline of 1.82%. The overall market sentiment, as measured by the Fear & Greed Index, remains in the 'Neutral' range at 53.
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 Shut Down Bitcoin Mining Pool on November 10 — questions & answers
What happens to miners using Binance Pool?
Miners must switch to other pools and close Pool Savings accounts by November 24.
Why is Binance closing its mining pool?
Binance is expanding into U.S. stocks and bStocks, though it hasn't explicitly linked the closure to these moves.
How will the closure affect the Bitcoin network?
The Bitcoin network hashrate remains stable at 1013 EH/s, suggesting minimal immediate impact.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CryptoNews. 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.