Binance said on October 13 that it will discontinue Binance Pool and all related services on November 10, 2026, ending the exchange's support for its cryptocurrency mining products and associated features. The decision, disclosed in an official announcement, follows an ongoing review of the company's products and services.

A mining pool combines computing power from many participants and splits rewards according to each machine's contribution, which is why a pool closure requires every connected miner to relocate their hardware or wind down operations. The move affects miners who direct hashrate to Binance Pool, users of cloud mining products, and customers who rely on the platform's supplementary mining-related services. Because the shutdown covers both direct hashrate services and packaged offerings such as savings and cloud mining, it touches several distinct user groups, and Binance has advised affected users to prepare for the transition ahead of the deadline.

Services Ending and Timeline

All covered services will shut down at 07:00 UTC on November 10, 2026. The closure includes Binance Pool, Pool Savings, Cloud Mining, and the Transaction Accelerator. Ancillary features—including Telegram hashrate alerts, email notifications, and mining pool API services—will also be terminated.

At the cutoff, Binance will begin disconnecting mining connections and will disable the pool's Stratum URLs and mining endpoints—the addresses mining hardware uses to connect and submit work. Hashrate submissions and mining shares received after the deadline will no longer be accepted, processed, or credited, and the affected products will stop generating new rewards, yields, or other service benefits.

The company expects the services to operate normally until the scheduled shutdown. Eligible mining shares submitted before the cutoff will count toward the final reward calculation under applicable rules.

Actions Required Before the Deadline

Binance urged miners to disconnect their equipment from the pool and reconfigure it to point to another mining pool before the deadline—a step that allows machines to keep mining without interruption once Binance's endpoints stop responding. The exchange warned that the associated endpoints will cease to function after the cutoff, and mining operations still directed to Binance Pool risk interruptions.

Customers holding active Pool Savings positions should review their holdings and unsubscribe or redeem them before the service ends. Users are also advised to download important records, reports, and transaction histories while they remain accessible.

Eligible outstanding rewards, balances, refunds, and settlements will be processed after the shutdown, subject to product rules, account status, compliance checks, and applicable laws. To facilitate timely processing, Binance has asked users to complete any required identity verification and other necessary account steps by 23:59 UTC on November 10.

Access to Records After Shutdown

Binance will remove Binance Pool links from its homepage on November 10. The pool pages themselves will remain accessible until November 24, 2026, at 07:00 UTC, allowing users to review historical data, account records, and payout status where available. After that deadline, the pages will become permanently inaccessible.