Binance will discontinue its Bitcoin mining pool and several related services at 07:00 UTC on Nov. 10, the exchange said in an announcement published Tuesday.

The closure covers Binance Pool, Pool Savings, Cloud Mining and Transaction Accelerator, as well as Telegram hashrate alerts, email notifications and the pool’s API. Binance said it is ending the services as part of an ongoing review of its products and services.

“As part of our ongoing review of products and services, Binance will discontinue Binance Pool and related services on 2026-11-10,” Binance wrote. “All Binance Pool-related services will be discontinued.inance Pool will begin disconnecting mining connections, and Binance Mining Pool Stratum URLs and mining endpoints will be disabled. Hashrate submissions and mining shares submitted after this time will no longer be accepted, processed, or credited.”

Miners must point their hardware to another pool before the cutoff. Pool Savings users must unsubscribe or redeem their positions before the service ends. Binance said the pool will continue operating normally until the shutdown time.

At 07:00 UTC on Nov. 10, Binance Pool will begin disconnecting miners and disable its Stratum URLs, the server addresses used to connect mining machines to the pool. Mining shares submitted after that time will no longer be credited, while shares submitted earlier will count toward final rewards. Binance said eligible outstanding rewards, balances and refunds will be processed afterward, subject to its product rules, users’ account status and compliance checks.

Users expecting a final payout have until 23:59 UTC on Nov. 10 to complete any required identity verification. Binance Pool pages will remain viewable until 07:00 UTC on Nov. 24, after which they will become permanently inaccessible.

A mining pool combines the computing power of multiple miners and distributes block rewards according to the work contributed by each participant. For individual miners, that pooling is often the only practical route to steady payouts, since a lone machine can run for long stretches without ever solving a block on its own. Cloud Mining allowed users to purchase hashrate—a share of mining power—without owning mining hardware. Transaction Accelerator helped users push through Bitcoin transactions that were slow to confirm because of low fees or network congestion.

Binance Pool launched in April 2020 and ranked ninth among Bitcoin mining pools at the end of 2025, with about 26 exahashes per second, or 2.3% of the network, according to Hashrate Index. One exahash per second represents a quintillion guesses per second at the cryptographic puzzle used to earn a block. Miners will need to redirect that computing power before the cutoff, and how roughly 2.3% of the network redistributes across other pools is one of the immediate effects to watch once the connections go dark.

The same report described Binance Pool as the last remaining pool from the period when cryptocurrency exchanges moved into mining. It said the pool’s relevance was linked more closely to Binance’s exchange and custody businesses than to mining technology.

The shutdown comes as Binance expands into traditional finance. On June 1, the exchange opened access to more than 7,000 U.S. stocks and exchange-traded funds for customers outside the United States, offering zero-commission trading and fractional purchases starting at $5, according to co-CEO Richard Teng. Binance also previewed bStocks, a planned feature that would allow users to mint tokenized versions of shares they purchase on the BNB blockchain.

Quantmap co-founder Ivan Patriki told Decrypt that large exchanges were moving into equities because they no longer wanted to depend on crypto market cycles. Vytautas Mackonis, chief operating officer of real-world-asset protocol ALCUM, told Decrypt that the offering was more structurally complex than it appeared, with Binance serving as the interface, Nest Trading as the broker-dealer and Alpaca Securities as the custodian. Decrypt previously reported on Binance’s stock offering and planned bStocks rollout here.

Binance also closed its centralized NFT service on July 3 and told users to move their tokens to Binance Wallet, its self-custody wallet. Then-CEO Changpeng Zhao used the phrase “smooth sunsetting of old products” in 2023. The shutdown of Binance Pool and its related services marks another change to the exchange’s product lineup.