Binance will discontinue Binance Pool and a suite of connected mining services at 07:00 UTC on November 10, 2026, ending an operation the exchange launched in 2020. The company said the decision followed an ongoing review of its products and services.
The closure extends beyond the mining pool itself. It covers Cloud Mining and Pool Savings as well as the technical connections, notifications and tools used alongside the pool, creating separate deadlines for miners, savings-product users and customers seeking account records.
November 10 cutoff covers Binance Pool and related services
Binance said in its announcement that Binance Pool, Pool Savings, Cloud Mining, Transaction Accelerator, mining-pool APIs, Telegram hashrate alerts and email notifications will be discontinued at 07:00 UTC on November 10.
The closure covers more than the pool interface: associated communications and programmatic-access services are included. Binance did not provide further detail on the product-review process.
Stratum shutdown requires hashrate migration
Binance plans to disable its Stratum addresses and mining endpoints at the shutdown cutoff. In its statement, the company said submitted hashrate and mining shares will no longer be accepted, processed or credited after that point.
Binance instructed miners to disconnect their equipment and redirect it to another pool before the deadline, according to Cointelegraph. That makes November 10 an operational migration date for customers directing machines to Binance Pool. Binance’s shutdown statement does not identify an alternative pool or migration destination.
Pool Savings redemptions and records access
Pool Savings customers face a separate action: Binance has said users should redeem or cancel their positions ahead of the closure. That instruction sits alongside, rather than replaces, the need for miners using the pool to redirect their equipment.
The platform will retain access to Binance Pool pages for 14 days after services close. Those pages are scheduled to remain available through November 24, 2026, allowing customers to view historical data, account records and payout status, according to Binance’s support notice.
The two dates establish a narrow timetable. Mining activity and the connected products end on November 10, while the following two weeks are reserved for checking past pool information and payout status rather than continuing pool operations.
A mining operation launched in 2020
According to Binance’s original launch post, the exchange introduced Binance Pool in April 2020; cloud mining came later. The November closure will end more than six years of Binance mining-pool operations. Binance said the scheduled closure covers the pool, cloud-mining offering, savings and related monitoring services, while historical pool data and account records will remain available only until November 24.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: Crypto Daily