October 13th 2026, 7:43 AM
Binance Ends Mining Services, Forces Miners to Switch Endpoints
Key Summary
Binance is discontinuing its mining services, including Binance Pool, effective November 10th, forcing miners to redirect their equipment to another pool to avoid mining interruptions. The move marks the end of a six-year operation without providing a specific reason for the decision. Miners must change their endpoints before the cutoff, and eligible shares submitted before the cutoff will be included in the final reward calculation.
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Introduction
Binance has announced the discontinuation of its mining services, including Binance Pool, effective November 10th. The move requires miners to redirect their equipment to another pool to avoid mining interruptions.Background
Binance has been reviewing its products and services for some time. The closure of Binance Pool ends an operation that has run for more than six years.Details
The discontinuation is part of Binance's ongoing review of products and services. At 07:00 UTC on November 10th, Binance will disconnect mining connections and disable its Mining Pool Stratum URLs and other mining endpoints. Hashrate submissions and mining shares received after that point will no longer be accepted, processed or credited.Implications
The closure of Binance Pool will force miners to change their endpoints. Eligible mining shares submitted before 07:00 UTC on November 10th will be included in the final reward calculation under the applicable Binance Pool rules.Response
Binance has not named a replacement provider and has not quantified the pool's current mining hashrate, the number of affected users or the volume of computing power expected to move. Miners must redirect their equipment to another pool before November 10th to avoid an interruption in Bitcoin mining activity.#Bitcoin#US#Crypto#Mining