AI · The Block
Binance to shut down mining pool, cloud mining and related services
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Binance will discontinue its mining pool and related services on Nov. 10 at 7 a.m.
Key facts
- The Binance Pool pages will remain accessible for 14 days, until 2026-11-24 07:00 (UTC) for viewing of historical data, account records, and payout status, where available, after which they
- Binance will discontinue its mining pool and related services on Nov. 10 at 7 a.m
- The closure covers Binance Pool, Pool Savings, Cloud Mining, and Transaction Accelerator
- Last month, the exchange announced plans to offer physically settled options on more than 1,000 U.S.-listed stocks and exchange-traded funds through Nest Trading, its Abu Dhabi Global
Summary
The closure covers Binance Pool, Pool Savings, Cloud Mining, and Transaction Accelerator. Hashrate submissions and mining shares submitted after that time will no longer be accepted, processed, or credited. The exchange urged users to redirect their mining equipment to another pool before the deadline and redeem or unsubscribe from active Pool Savings positions. "The Binance Pool pages will remain accessible for 14 days, until 2026-11-24 07:00 (UTC) for viewing of historical data, account records, and payout status, where available, after which they will be permanently inaccessible," the exchange said.