Binance to Shut Down Bitcoin Mining Pool and Related Services in November

Key Facts

1Binance announced it will discontinue its Bitcoin mining pool and related services on November 10, 2026.

2The shutdown includes Binance Pool, Pool Savings, and Cloud Mining services, marking a retreat from mining infrastructure.

Binance announced it will discontinue its Bitcoin mining pool and related services on November 10, 2026. Decrypt reported that the shutdown includes Binance Pool, Pool Savings, and Cloud Mining services, with all mining endpoints and Stratum URLs scheduled to be disabled on that date.

The move marks a strategic retreat from mining infrastructure after six years of operation, following the pool's launch in April 2020. By the end of 2025, the pool accounted for approximately 2.3% of the global Bitcoin network hashrate, and Binance stated that pool-related pages will remain accessible until November 24, 2026, to facilitate final reward settlements and processing.