Binance Will Shut Down Its Mining Pool and Cloud-Mining Services on November 10

Binance will discontinue its mining pool, cloud mining and related tools at 07:00 UTC on November 10, with records available until November 24.

Binance Will Shut Down Its Mining Pool and Cloud-Mining Services on November 10

Binance will discontinue Binance Pool and its related mining services at 07:00 UTC on November 10, the exchange announced on October 13. The cutoff will end the platform's pool and cloud-mining offerings and require miners using its infrastructure to move their equipment to another pool before Binance stops accepting hashrate.

The decision covers a wider set of mining-related products than the pool itself. Users will have a separate window until November 24 at 07:00 UTC to access historical records and payout information.

Binance Pool services go offline November 10

Binance said it will discontinue Binance Pool, Pool Savings, Cloud Mining and Transaction Accelerator on November 10.

Mining-pool APIs, Telegram hashrate alerts and email notifications are also scheduled to end at that time, with the announcement setting a single operational cutoff for the listed services.

Miners must redirect hashrate before endpoints are disabled

Binance said it will disable its Stratum URLs and mining endpoints after the cutoff, meaning that submitted hashrate and mining shares will no longer be accepted, processed or credited.

Miners whose equipment remains configured to connect to Binance Pool would therefore not receive credit for shares submitted after the shutdown. Cointelegraph reported that Binance advised miners to redirect their equipment to another pool.

Records and payout information remain available until November 24

The operational cutoff does not immediately remove access to users' historical pool information. Historical records and payout data will remain available through November 24 at 07:00 UTC, providing a two-week period after the service shutdown for users to retrieve that information.

Miners affected by the closure therefore face two distinct dates: November 10 for redirecting hashrate before Binance's endpoints are disabled, and November 24 for obtaining historical records and payout information.

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