Binance to Shut Down Mining Services, Discontinue Binance Pool by November 10

What is Going Away and When

Binance announced the discontinuation of its mining pool and related services on October 13, 2026. The services will stop on November 10, 2026, at 07:00 UTC.

Key Dates

October 13, 2026: Binance announces the discontinuation. November 10, 2026, 07:00 UTC: Binance Pool and related services stop. Hashrate submissions and share crediting end. November 24, 2026: The Binance Pool webpage closes permanently.

Rewards and Records

Eligible prior rewards and balances will continue to be processed under Binance's existing guidelines. Earnings accrued before the shutdown are not being wiped out by the closure itself. Any machine still pointed at Binance Pool past 07:00 UTC on November 10 is effectively mining into a void, since its shares will not be credited. For record-keeping, Binance will leave the Binance Pool webpage up for two extra weeks, until November 24, 2026.

Brazilian Restriction

The shutdown follows another recent restriction from Binance. The exchange has moved to limit access to several services for users in Brazil, including Binance Pool, starting October 27, 2026.

Market Impact

The most direct effect lands on the miners who were using Binance Pool. Their to-do list is simple in theory and fiddly in practice: choose a new pool, update every machine's configuration, and rebuild any monitoring that depended on Binance's alerts or APIs. Cloud Mining customers face a different kind of adjustment. Those users were renting exposure to mining rather than running machines, so for them the shutdown removes a product entirely rather than requiring a configuration change.

Checklist for Affected Users

Switch pools before November 10 at 07:00 UTC, rebuild monitoring tools, confirm prior balances are processed, and download historical records before November 24.