Binance to shut down Bitcoin mining pool on November 10

Crypto exchange Binance will close its Bitcoin mining pool and related services on November 10 at 07:00 UTC. The pool's hashrate fell from about 26 EH/s in December 2025 to 9.2 EH/s, and its share of Bitcoin's network dropped from 2.3% to below 1%.

• Binance Pool, Pool Savings, Cloud Mining and Transaction Accelerator will shut down
• Pool hashrate fell ~65%, from 26 EH/s to 9.2 EH/s
• Share of Bitcoin network dropped from 2.3% to below 1%
• Historical records and payouts remain accessible until November 24