DECRYPT · 2026-10-13 20:16 UTC

Binance Is Shutting Down Its Bitcoin Mining Pool After Six Years

Binance will shut down its Bitcoin mining pool and related services including Pool Savings, Cloud Mining, and Transaction Accelerator on November 10, 2026. Miners must redirect their hardware to another pool before the cutoff; Binance Pool ranked ninth among Bitcoin pools with 2.3% of network hashrate. The closure is part of Binance's strategic shift toward traditional finance, including expansion into U.S. stocks and tokenized equities.

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