Binance Will Shut Down Mining Pool Services
The exchange will terminate mining operations and related features for all users on November 10, 2026.
Updated on Oct. 13, 2026 in Data Centers
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Binance has announced it will officially terminate its Binance Pool and related services, including Pool Savings, Cloud Mining, and the Transaction Accelerator, on November 10, 2026. After this date, the platform will cease processing mining shares and stop generating rewards.
Why it matters
The discontinuation of these mining services reflects a consolidation of the exchange's core offerings as it removes peripheral mining infrastructure. Users must transition to alternative mining pools to ensure continued operations and prevent a lapse in income generation.
Binance will deactivate all associated Stratum addresses—the standard communication protocol used by mining rigs to connect to pools—and shut down all internal mining nodes on November 10, 2026, at 07:00 UTC.
The players
Binance
A global cryptocurrency exchange platform that provides trading, wallet services, and, until November 2026, mining pool infrastructure.
The details
The shutdown requires the full decommissioning of the platform's mining architecture, which currently manages user shares and distributes rewards. By disabling the mining-pool API, email notifications, and alerts, the exchange will effectively sever the link between external hardware and its infrastructure. Historical data will remain viewable on the site for two weeks following the service suspension.
Timeline
November 10, 2026: Binance Pool, Pool Savings, Cloud Mining, and Transaction Accelerator services will shut down at 07:00 UTC (2 a.m. ET).
November 24, 2026: Access to the Binance Pool page for historical data review will terminate.
The Tech Race
This move signals a departure from integrated mining ecosystems that link hash power directly to exchange-based financial products. It narrows the competitive field for mining pools by removing a major centralized entity from the stratum-based infrastructure race.
Miners currently utilizing Binance services must reconfigure their hardware to connect to different mining pools before November 10, 2026, to avoid data or reward loss. Users should export all historical performance records from the Binance Pool page before the platform access closes on November 24.
The takeaway
The move terminates the ability to manage mining activity through the exchange's native interface. Users should prioritize offboarding their mining rigs and archiving historical logs prior to the final service cutoff on November 24.
Further reading
Learn more about the infrastructure shifts currently impacting Data Centers.
Source note: This article includes information reported by TokenPost.
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