Key Notes
- Binance Pool and related mining services will stop at 07:00 UTC on November 10, with later mining shares no longer credited.
- Miners should redirect equipment and address Pool Savings positions before closure, while eligible balances remain subject to product rules.
- Historical records and payout status will remain accessible until 07:00 UTC on November 24, when the pool pages close permanently.
Binance will close Binance Pool and its related mining services on November 10, 2026, at 07:00 UTC, telling miners to redirect their equipment before the platform stops accepting work. The shutdown also covers Pool Savings, Cloud Mining, Transaction Accelerator and the pool’s API services.
In its October 13 announcement, the exchange said it would deactivate mining endpoints and Stratum addresses, the connections miners use to submit work to a pool. Hashrate and mining shares submitted after the cutoff will no longer be accepted, processed or credited.
Eligible rewards earned before the shutdown will enter a final calculation under the applicable product rules. Binance will keep pool pages available for historical records and payout status until November 24 at 07:00 UTC, giving users two weeks to review information after operations end.
Three Deadlines for Miners and Customers
The notice sets separate deadlines for stopping mining, completing account requirements and accessing records. The later dates do not extend the period in which new mining work can earn rewards.
| Deadline in UTC | What changes |
|---|---|
| November 10, 07:00 | Mining connections and related services stop; new shares and rewards cease. |
| November 10, 23:59 | Users should have completed required account steps, including identity verification where applicable, to facilitate settlement. |
| November 24, 07:00 | Access to Binance Pool pages, historical records and payout-status information ends. |
Binance asks miners to disconnect and configure their machines for another pool before the first cutoff. The instruction concerns where the equipment sends its computing work; the announcement does not designate a replacement pool or describe an automatic migration.
For operators running several machines, that makes the transition an equipment-configuration task as well as an account change. A machine still using Binance’s disabled endpoints would no longer have its submissions accepted by that service.
Users are also asked to check active Pool Savings positions and unsubscribe or redeem them before the service ends. Account holders should ensure their Binance accounts can receive any eligible residual rewards, refunds or settlements and complete required verification where applicable.
Cloud Mining and Monitoring Tools Also End
The closure extends beyond the mining pool itself. Binance’s notice lists Pool Savings, cloud hashrate products and transaction acceleration, together with Telegram hashrate alerts, email notifications and mining-pool APIs.
These products serve different purposes. A miner operating hardware needs a new destination for its work, while a cloud-mining customer is dealing with the end of a hosted product and the settlement rules attached to that arrangement.
Software connected to Binance Pool’s API will also lose that source of information. Moving machines to a different pool would not, by itself, replace the alerts or reporting integrations tied to Binance’s service.
Binance expects the pool to operate normally until the stated deadlines. The October announcement therefore establishes a planned wind-down, rather than reporting that the service has already stopped accepting shares.
Final Rewards Depend on Product and Account Rules
Eligible mining shares submitted before November 10 at 07:00 UTC will be included in the final reward calculation. After that time, Binance says outstanding rewards, balances, refunds and settlements will be processed where applicable.
Processing remains subject to product terms, account status, risk controls, compliance checks and applicable law. The notice does not set one final payment date for every product or promise the same refund outcome for every customer.
The distinction is important for cloud-mining and savings users: closing a service establishes an operational endpoint, while the treatment of a particular balance still depends on the agreement governing that product.
Binance recommends downloading relevant records, reports and transaction history if needed. Homepage links to Binance Pool will be removed on November 10, even though the pool pages will remain available for the limited records-access period.
By November 24 at 07:00 UTC, those pages will become permanently inaccessible. That is a deadline for viewing information, separate from the earlier end of mining and the subsequent processing of eligible balances.
A Mining-Service Exit With Limited Explanation
Binance described the decision as part of its continuing review of products and services. Its notice did not provide a financial breakdown explaining the closure or quantify the computing power that users will need to redirect.
The shutdown concerns Binance’s pool and associated products. Mining hardware can connect to other pools; closing one operator’s service does not itself switch off a proof-of-work blockchain or remove the participating machines from the wider industry.
Other businesses have also reconsidered their mining exposure. CoinScreamer previously covered SBI’s pool closure announcement and, more recently, SWI’s AI expansion involving Genesis Digital Assets. Those are separate corporate decisions, rather than evidence of Binance’s undisclosed commercial reasoning.
For Binance Pool customers, the confirmed next steps are operational: redirect equipment and address savings positions before November 10, satisfy applicable account requirements and preserve records before the November 24 access deadline.
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