Binance Shuts Down Binance Pool, Cloud Mining and Pool Savings on November 10
Binance Pool, Cloud Mining, Pool Savings and the Transaction Accelerator all stop at 07:00 UTC on November 10. Miners have until the cutoff to move their machines to another pool.
Key Takeaways
- Binance Pool and related mining services stop at 07:00 UTC on November 10, 2026.
- Cloud Mining, Pool Savings and the Transaction Accelerator close in the same sweep.
- Miners must point their machines at another pool before the cutoff; the pool accepts no new hashrate after it.
- Spot trading and the rest of the Binance exchange keep running.
Binance shuts down Binance Pool at 07:00 UTC on November 10, 2026, closing its Bitcoin mining business along with Cloud Mining, Pool Savings and the Transaction Accelerator. The exchange behind BNB (BNB) announced the move on October 13 after a product review. Miners must point their machines at another pool before the cutoff.
What Closes on November 10
Binance Pool stops accepting mining work at 07:00 UTC on November 10. After that time the pool takes no new shares or hashrate, and mining pool APIs and hashrate alerts stop working with it. Cloud Mining and Pool Savings close to new activity in the same sweep. Binance says no new rewards, yields or benefits accrue after the cutoff.
What Miners and Savers Need to Do
Bitcoin miners connected to Binance Pool must reconfigure their machines for another pool before the shutdown to avoid an interruption in mining. Savings users should settle active positions and make sure their accounts can receive outstanding rewards or refunds. Binance says eligible balances are handled under the relevant product terms and compliance requirements. Users can check the status of open positions and balances in their Binance accounts before the cutoff.
Trading Is Not Affected
The closure covers mining services only. Spot trading and the rest of the Binance exchange keep running, and BNB trades normally on the BNB price chart. BNB is the largest exchange token by market value, at about $90 billion, and the BNB Chain ecosystem is not involved in the shutdown.
Binance described the exit as part of an ongoing product review and did not give a commercial reason beyond that. The exchange first told users about the closure in its announcement on October 13. Binance Pool mined Bitcoin for its users, and the shutdown does not change BNB Chain, the layer-1 network where BNB pays transaction fees.
Frequently Asked Questions
When Does Binance Pool Shut Down?
Binance Pool stops operating at 07:00 UTC on November 10, 2026. The exchange announced the closure on October 13, 2026.
What Happens to Binance Cloud Mining and Pool Savings?
They close at the same time as Binance Pool, 07:00 UTC on November 10, 2026. No new rewards, yields or benefits accrue after that cutoff.
What Do Binance Pool Miners Need to Do before November 10?
Miners must reconfigure their machines for another mining pool before 07:00 UTC on November 10, 2026. After the cutoff Binance Pool accepts no new shares or hashrate.
Is the Binance Exchange Shutting Down?
No. Only the mining services close on November 10, 2026. Spot trading and the rest of the Binance exchange keep running.
Why Is Binance Closing Its Mining Pool?
Binance announced the closure on October 13, 2026 as part of an ongoing product review. The exchange gave no further commercial reason.
Sources
- Binance will discontinue Binance Pool and related services (Binance announcement, October 13, 2026) · www.binance.com
- Binance Pool To Close November 10, Giving Bitcoin Miners Weeks To Move (NewsBTC) · www.tradingview.com
Prices and market data: Coinranking.
