Binance Pool to close November 10, 2026
Tech & Launches ·
Binance will shut down its mining-pool business, including Pool Savings and Cloud Mining, on November 10, 2026, according to an official announcement.
The exchange said Binance Pool and its related services will cease operations on that date, a move that affects users who have directed hashrate or funds into the platform's mining-adjacent products. Pool Savings, a feature that let users earn yield tied to mining activity, is included in the shutdown, as is Cloud Mining, which allowed users to rent hashpower rather than run their own equipment.
The announcement frames the closure as affecting "related services" broadly, suggesting the wind-down extends beyond the core pool to the ancillary products built around it. Multiple accounts of the news describe the same November 10 effective date and the same set of discontinued offerings, indicating consistent reporting of the shutdown across sources, including coverage from leviathan.news.
Because the services are being discontinued rather than paused, miners and other users who have hashrate directed to Binance Pool or balances in Pool Savings and Cloud Mining will need to migrate before the November 10, 2026 deadline. The practical mechanics of that migration, such as whether Binance will offer an automated transfer path to another provider or simply return funds and halt mining payouts, are not detailed in the material available.
What remains unclear is the specific reasoning behind the shutdown, whether Binance plans to offer any replacement product, and what options are being given to users currently participating in these services. The company's announcement establishes the date and scope of the closure but does not address the underlying rationale or next steps for affected customers, leaving those details to be confirmed as the November 2026 deadline approaches.