Binance says it will discontinue its Bitcoin mining pool and several related services on November 10. The move affects users who rely on Binance’s mining infrastructure, and Binance says it urges miners to shift to alternative pools before the shutdown date.
Outlets report that the shutdown includes Binance Pool, along with Pool Savings and Cloud Mining. NDTV further lists additional associated offerings being retired, including a Transaction Accelerator, mining APIs, and hashrate alerts. NDTV also says mining shares submitted before the deadline will be included in the final reward calculation, while any outstanding payments and refunds will be handled according to Binance’s terms and the conditions of users’ accounts.
Across coverage, the stated reason is a review of Binance’s products and services, with the company providing a clear cutoff date and guidance for affected users to transition ahead of the discontinuation.
