Binance will officially close Binance Pool and its connected mining services at 07:00 UTC on November 10, 2026. Following the shutdown, the platform’s mining endpoints will be deactivated, and any mining shares submitted after the deadline will be rejected. Miners must transfer their operations to another pool before the cutoff to prevent disruptions to their Bitcoin mining activities.

The exchange stated that the decision resulted from its ongoing review of its product and service offerings. The move will bring more than six years of Binance Pool operations to an end. However, Binance has not provided a detailed explanation for the closure.

At the scheduled time, Binance will disable its Mining Pool Stratum URLs and all other associated mining endpoints. Hashrate submissions and mining shares received after 07:00 UTC on November 10 will not be accepted, processed, or credited to miners.

The shutdown will also affect several related services, including Pool Savings, Cloud Mining, and Transaction Accelerator. Binance will additionally discontinue mining pool APIs, Telegram hashrate notifications, and email alerts. Once the services end, affected products will no longer generate new rewards, yields, or other benefits.

Miners will not need to stop using their mining hardware entirely, but they must update their equipment’s connection settings to work with another pool. Binance has not named a replacement provider or released information about its current mining hashrate, the number of users affected, or the volume of computing power that could shift to competing platforms.

Binance Outlines Final Reward Calculations and Settlements

Eligible mining shares submitted before the 07:00 UTC deadline on November 10 will be included in Binance Pool’s final reward calculations under the platform’s existing rules. Submissions made before the cutoff will remain subject to the applicable reward policies.

Binance said eligible outstanding rewards, account balances, refunds, and settlements may be processed after the service is discontinued. However, the process will depend on individual product terms, account status, risk controls, compliance checks, and applicable legal requirements. The exchange has not specified a universal payment date or guaranteed that every outstanding balance will be paid.

The company will remove Binance Pool links from its homepage on November 10. Users with active Pool Savings positions are advised to unsubscribe or redeem their positions before the service closes. They should also verify their account details to help ensure that any eligible remaining funds can be received.

Before the shutdown begins, miners should disconnect from Binance Pool and redirect their equipment to another mining provider. Devices that remain configured to use Binance’s deactivated endpoints will no longer be able to submit mining work through the platform after 07:00 UTC.

Binance has also set a separate deadline of 23:59 UTC on November 10 for users to complete outstanding identity verification and other account requirements. Completing these steps may help facilitate the processing of eligible rewards, refunds, and settlements. This later deadline does not extend access to mining services beyond the earlier cutoff.

Binance Pool’s webpages will remain accessible for 14 days after the shutdown, until 07:00 UTC on November 24, 2026. During this period, users can consult historical data, account records, and payout status information where available.