Binance sets Nov. 10 cutoff for mining pool services
Binance will close its mining pool and linked services on Nov. 10, ending mining credits at the cutoff and requiring users to move rigs and settle open positions.
Merkle Street Newsroom#3b8b0b2 min read
Binance will shut down Binance Pool and related mining services on Nov. 10, 2026, ending mining-share processing at 07:00 UTC and requiring users to redirect their equipment. In its closure notice, Binance said the decision followed an ongoing review of its products and services.
Here is how the mining connection works: a miner points equipment to Binance Pool’s Stratum address and sends hashrate and mining shares to the pool’s endpoints. Binance processes eligible shares for its final reward calculation. At the cutoff, the exchange will disconnect mining connections and disable those addresses and endpoints. Shares sent after that time will not be accepted, processed or credited.
Which services will Binance close?
The shutdown covers Binance Pool, Pool Savings, Cloud Mining and Transaction Accelerator. Binance will also disable related features, including Telegram hashrate alerts, email notifications and mining-pool API services. The Block’s report on the closure confirmed the service list and cutoff time.
The pool acts as a shared destination for miners’ work. Think of the Stratum address as a work-routing address: change the address in mining software and the equipment can send its work to another pool. Binance says users should reconfigure their miners before 07:00 UTC on Nov. 10 to avoid an interruption. The exchange has not named an alternative pool.
Users with active Pool Savings positions should unsubscribe or redeem them before the service ends. Binance says no new rewards, yield or service benefits will accrue after the cutoff. Eligible outstanding rewards, balances, refunds or settlements may still be processed under the applicable product rules, subject to account status, risk controls, compliance checks and applicable laws.
What happens to mining records and unpaid rewards?
Shares submitted before the cutoff will be included in the final reward calculation under Binance Pool’s rules. Binance says users should make sure their accounts can receive any eligible remaining payments and complete any required identity checks by 23:59 UTC on Nov. 10.
Binance Pool pages are due to remain accessible for 14 days after the shutdown, until 07:00 UTC on Nov. 24, for historical data, account records and payout status where available. Users who need those records should save them during that window. After it ends, Binance says the pages will be permanently inaccessible.
Source material
- closure notice — binance.com
- report on the closure — theblock.co