Binance to close Binance Pool, Cloud Mining and Pool Savings at 07:00 UTC on Nov. 10
Binance's bitcoin mining pool, its Cloud Mining and Pool Savings products and its Transaction Accelerator stop on 10 November. The pool found one bitcoin block in the seven days to 9 November, mempool.space data shows.
· Effective · Verified 2026-11-09 via official announcement
Effective Nov 10, 2026: Binance to close Binance Pool, Cloud Mining and Pool Savings at 07:00 UTC on Nov. 10. Affects: Miners pointed at Binance Pool. Source: binance.com, verified Nov 9, 2026. If this rules Binance out, our top-listed alternative is Bybit (0.2% round trip; code WQ3GV, $20 sign-up bonus).
Binance will discontinue Binance Pool and its related services at 07:00 UTC on 10 November 2026, it said in a notice published on 13 October. The closure covers the mining pool, Pool Savings, Cloud Mining and the Transaction Accelerator, plus Telegram hashrate alerts, email notifications and the mining pool API. Binance gave its reason as an ongoing review of products and services. Binance said the pool would keep operating normally until the cutoff.
At the cutoff Binance will start disconnecting miners and disable its pool's Stratum URLs and mining endpoints. Shares submitted after 07:00 UTC will not be credited, and no new rewards or yield will accrue on Pool Savings or Cloud Mining. Binance says eligible outstanding rewards, balances, refunds and settlements will be processed after the cutoff, subject to its product rules, account status, risk controls and compliance checks.
Binance asks miners to point their machines at another pool before the cutoff, Pool Savings users to unsubscribe or redeem their positions, and anyone expecting a final payout to finish any required identity checks by 23:59 UTC on 10 November. Pool links leave the Binance homepage on 10 November, and Binance Pool pages stay viewable for historical data and payout status until 07:00 UTC on 24 November.
Miners have been leaving ahead of the date. Mempool.space data checked by DexSheet on 9 November shows Binance Pool found one block in the past week, on 6 November, and none in the past 24 hours, out of roughly 925 blocks on the network that week. It has found 22,213 blocks since it launched in April 2020. CoinDesk reports the pool's computing power fell about 65%, from about 26 EH/s in December 2025 to about 9.2 EH/s in October.
The closure affects mining products only. Binance's exchange, including spot, futures and its other earn products, is not part of the notice.
“As part of our ongoing review of products and services, Binance will discontinue Binance Pool and related services on 2026-11-10.”
— Binance - Notice on the Closure of Binance Pool Services
Who this affects
Miners pointed at Binance Pool, and Binance users holding Pool Savings or Cloud Mining positions or using the Transaction Accelerator.
Binance at a glance
Binance is a centralised crypto exchange founded in 2017 by Changpeng Zhao, now run under Abu Dhabi (ADGM) entities regulated by the FSRA. It offers spot, margin, futures, options, earn products and P2P. Regular users pay 0.10% spot maker and taker (0.075% when paying fees in BNB) and 0.02%/0.05% on USDT-margined futures. It does not serve the US, Canada or the Netherlands; Binance.US is a separate company.
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Official site: binance.com
More from the newsroom
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Binance - Notice on the Closure of Binance Pool Services (2026-10-13) — checked 2026-11-09
- mempool.space - Binance Pool mining stats — checked 2026-11-09
- CoinDesk - Binance's bitcoin mining pool finds just one block in a week as shutdown nears (2026-11-09) — checked 2026-11-09
- Decrypt - Binance Is Shutting Down Its Bitcoin Mining Pool After Six Years (2026-10-13) — checked 2026-11-09
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