Binance to shut down mining pool, cloud mining and related services on Nov. 10, 2026

Binance to shut down mining pool, cloud mining and related services on Nov. 10, 2026

N
News Editor
2026-10-18 14:06:52
Binance said it will close its mining pool and a range of related services at 07:00 UTC on Nov. 10, 2026. The shutdown covers Binance Pool Savings, cloud mining, the transaction accelerator, the mining pool API, and hash rate alerts, according to a Techub News item citing NewsBTC. The exchange told miners to reconfigure their equipment to other mining pools before the deadline to avoid any disruption to mining operations. Binance also said the move is part of its ongoing product review process and does not mean it is shutting down its Bitcoin exchange or spot trading business. Users were told to manage any active savings positions and make sure their accounts can receive unpaid rewards or refunds. Any eligible balances will be handled under the relevant product terms and compliance requirements.

Binance said it will shut down its mining pool and related services at 07:00 UTC on Nov. 10, 2026.

The services being discontinued include Pool Savings, cloud mining, the transaction accelerator, the mining pool API, and hash rate alerts, according to Techub News, which cited NewsBTC.

Binance told miners to reconfigure their equipment to other mining pools before the cutoff so their mining activity is not interrupted.

The exchange said the decision is part of an ongoing product review and does not mean it is closing its Bitcoin exchange or spot trading business.

Users also need to deal with active savings positions and make sure their accounts are able to receive any unpaid rewards or refunds. Eligible balances will be processed in line with the relevant product terms and compliance requirements.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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