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    Home»Markets»Crypto»What Miners Need to Know
    Crypto

    What Miners Need to Know

    Press RoomBy Press RoomOctober 13, 2026No Comments3 Mins Read
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    Ahmed Barakat

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    Ahmed BarakatVerified

    Part of the Team Since

    Mar 2024

    About Author

    Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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    CryptoNews Editorial Team

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    The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

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    October 13, 2026

    Binance pool

    Binance will discontinue Binance Pool and related mining services at 07:00 UTC on the 10th of November, 2026, disabling mining connections and rejecting any shares submitted after the cutoff. Miners must redirect their equipment to another pool before then to avoid an interruption in Bitcoin mining activity.

    Binance said the discontinuation is part of its ongoing review of products and services. The closure ends an operation that has run for more than six years, but the announcement did not provide a more specific reason for the decision.

    Binance Pool will close on 10th of Nov, 2026, ending mining services and requiring miners to move equipment before connections are disabled.
    Binance

    At 07:00 UTC on the 10th of November, Binance will disconnect mining connections and disable its Mining Pool Stratum URLs and other mining endpoints. Hashrate submissions and mining shares received after that point will no longer be accepted, processed or credited.

    The service list extends beyond the core pool. Pool Savings, Cloud Mining, and Transaction Accelerator will also end, alongside mining pool APIs, Telegram hashrate alerts, and email notifications; affected products will not generate new rewards, yield, or other service benefits after the cutoff.

    The operational effect is a required change of pool endpoint, not an announced shutdown of miners’ hardware. Binance has not named a replacement provider, and its notice does not quantify the pool’s current mining hashrate, the number of affected users or the volume of computing power expected to move.

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    Binance Pool Final Rewards and Settlements Remain Conditional

    Eligible mining shares submitted before 07:00 UTC on the 10th of November will be included in the final reward calculation under the applicable Binance Pool rules. This preserves the pre-cutoff calculation process.

    Binance says eligible outstanding rewards, balances, refunds, and settlements may be processed after services end. Processing remains subject to product terms, account status, risk controls, compliance checks, and applicable laws, so the announcement does not establish a universal payment date or guarantee that every balance will be paid.

    Binance Logo

    The exchange will remove Binance Pool links from its homepage on the 10th of November. Users with active Pool Savings positions are being asked to unsubscribe and/or redeem their positions before the service ends, while account holders should ensure their accounts can receive any eligible remaining funds.

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    Miners Face a Migration Deadline

    Before 07:00 UTC on the 10th of November, miners should disconnect from Binance Pool and reconfigure their machines to another pool. The timing matters operationally: equipment still pointed at Binance’s disabled endpoints will no longer submit work there after the cutoff.

    Users should also complete any required identity verification or other account steps by 23:59 UTC on the 10th to help facilitate the timely processing of eligible rewards, refunds, or settlements. That later account deadline does not extend mining access beyond 07:00 UTC.

    Binance Pool pages will remain accessible for 14 days after the service cutoff, until 07:00 UTC on 24th of November, for historical data, account records, and payout status where available.

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