Binance Discontinues Mining Pool Amid Ongoing Review, Miners Must Migrate by November 10
Key Summary
Binance will shut down its mining pool and related services on November 10, 2026, requiring miners to redirect their equipment to another pool. The closure marks the end of a six-year operation without a specific reason. Miners must migrate before the cutoff to avoid service interruption and potential losses.
Background
Binance has updated its pricing method for Anthropic-linked perpetual futures to prevent liquidation, and has delisted Epic Chain (EPIC) and QuickSwap (QUICK) on October 28, 2026.
Discontinuation
Binance will discontinue its mining pool and related services at 07:00 UTC on November 10, 2026, disabling mining connections and rejecting any shares submitted after the cutoff. Miners must redirect their equipment to another pool before then to avoid an interruption in Bitcoin mining activity.
The closure ends an operation that has run for more than six years, but the announcement did not provide a more specific reason for the decision. Miners should complete any required identity verification or other account steps by 23:59 UTC on November 10 to help facilitate the timely processing of eligible rewards, refunds, or settlements.
Conclusion
The operational effect is a required change of pool endpoint, not an announced shutdown of miners’ hardware. Binance has not named a replacement provider, and its notice does not quantify the pool’s current mining hashrate, the number of affected users or the volume of computing power expected to move.