Binance will permanently discontinue Binance Pool and its associated mining services on November 10, 2026, ending support for mining connections, cloud mining products, savings accounts and transaction acceleration features.

The shutdown takes effect at 07:00 UTC, when the exchange will disable mining endpoints and stop accepting new hashrate submissions. According to an announcement posted on Binance Square on October 13, the closure covers Binance Pool, Pool Savings, Cloud Mining, the Transaction Accelerator, Telegram hashrate alerts, email notifications and mining pool API services. The announcement gave customers roughly four weeks of notice before the cutoff. Miners have been advised to redirect their equipment to alternative pools before the deadline to avoid interruptions.

Binance attributed the decision to its ongoing product and service review but did not disclose a more specific reason for winding down the mining business.

Binance Pool to Stop Accepting Mining Shares

Mining connections will begin disconnecting at the November 10 cutoff, with Binance's Stratum URLs and associated endpoints becoming unavailable. Any hashrate submissions or mining shares received after 07:00 UTC will no longer be accepted, processed or credited.

Mining activity submitted before the deadline will remain eligible for final reward calculations under the applicable pool rules. The closure also ends new rewards, yield accrual and service benefits tied to Binance Pool products, and miners will need to reconfigure their hardware to connect with another mining pool rather than continuing to use Binance's existing server addresses. With pool participation, savings products and cloud mining disappearing together, users who relied on that bundled setup will need to arrange those services separately elsewhere.

The decision marks the end of a mining operation that previously supported financing initiatives for the sector. In 2022, Binance Pool introduced a $500 million lending program for Bitcoin miners and digital infrastructure providers during a period of financial pressure across the industry.

Cloud Mining, Pool Savings and Transaction Accelerator Also Closing

The discontinuation extends beyond conventional mining-pool participation. Customers holding active Pool Savings positions must unsubscribe or redeem their balances before the service ends, while Cloud Mining products and the Transaction Accelerator will stop operating at the same cutoff.

Binance will process eligible outstanding rewards, balances, refunds and settlements after November 10, subject to account status, product terms, compliance checks and applicable regulations. Customers must ensure their accounts are eligible to receive remaining payments, including completing any outstanding identity verification requirements. The deadline for completing those account requirements is November 10 at 23:59 UTC, giving affected customers an additional window after mining services stop. Because eligibility for those final payments is tied to verification status, completing the checks in time is the deciding step for customers expecting residual balances or refunds.

The closure follows previous changes to Binance's mining support. In March, the exchange removed Binance Pool support for eight cryptocurrencies as part of a broader delisting process that also involved trading, lending and other products. November's shutdown extends that pullback from individual coin support to the mining operation as a whole.

November 24 Deadline for Mining Records

Binance Pool will continue operating under normal conditions until the scheduled shutdown. On November 10, the exchange will remove Binance Pool links from its homepage and close the affected product entry points.

Customers will retain limited access to Binance Pool pages for another 14 days to review historical mining data, account records and payout information where available. That access ends on November 24 at 07:00 UTC, when the pages will become permanently unavailable. After that point, users will no longer be able to retrieve their mining history from the platform, which is why Binance has instructed them to download relevant reports, transaction histories and mining records before the final closure.

The November 10 shutdown applies specifically to Binance Pool and related mining products, not the exchange's broader cryptocurrency trading services.

Source: Crypto Adventure