Binance Pool to Shut Down November 10, With Record Access Ending Two Weeks Later

Binance is winding down Binance Pool, the service that lets miners combine computing power and earn rewards based on the work each contributes. Miners connected to the service must redirect their equipment before 07:00 UTC on Nov. 10, 2026, when Binance will shut the pool and stop crediting new mining work.

The company laid out the timetable in an Oct. 13 closure notice. The shutdown extends beyond the mining pool itself, also covering Pool Savings, Cloud Mining and the Transaction Accelerator, as well as Telegram hashrate alerts, email notifications and mining-pool API services.

At the cutoff, Binance will disable its Stratum URLs and mining endpoints. Hashrate submissions and mining shares sent afterward will not be accepted, processed or credited. For miners, that makes the cutoff an earnings deadline as much as a service one: any machine left pointed at Binance's endpoints afterward will be producing work that is no longer accepted or credited.

Shares and Pool Savings Positions

Shares submitted before the deadline will still enter the final reward calculation under Binance Pool rules. According to Binance's Mining Pool Product Terms, a mining share is proof of work submitted while contributing computing power to a pool.

Users holding active Pool Savings positions should review them and unsubscribe or redeem before the service ends. Under the product terms, redemptions are subject to daily limits and available liquidity, with requests processed in the order received. Transfers are typically completed within one business day, though they may take up to 90 days in exceptional circumstances. Users who wait until the final days could still have funds in transit after the service itself has ended.

Payments and Records Follow Separate Timelines

Eligible outstanding rewards, balances, refunds or settlements, where applicable, will be processed after the mining cutoff. Eligibility remains governed by product rules, account status, risk controls, compliance checks and applicable law.

Binance asks users to ensure their accounts can receive any eligible remainder, including completing required identity checks where applicable, by 23:59 UTC on Nov. 10. That is a deadline for necessary account steps only; it does not extend mining operations or promise a payout that evening. Under the existing product terms, users must meet platform requirements and keep account details current to remain eligible for rewards, and selected assets may require a valid designated third-party wallet address.

The upshot is one shutdown with three separate clocks: the 07:00 UTC cutoff decides whether mining work still earns anything, the 23:59 UTC deadline decides whether an eligible remainder can reach its recipient, and the Nov. 24 cutoff decides how long Binance-hosted records stay viewable.

Binance Pool pages will remain accessible until 07:00 UTC on Nov. 24 for historical data, account records and payout status, where available. Users are asked to save relevant records before those pages become permanently inaccessible — after that, the only payout history that survives is whatever each user exported on their own.

Source: CryptoNewsNet