Rows of Bitcoin mining machines lit in yellow-orange as the facility darkens

Binance Gives Bitcoin Miners Four Weeks to Leave Its Pool

By Isaac • October 13, 2026 7:29 pm • Comments

Binance is getting out of the Bitcoin mining-pool business, and miners using the service now have less than a month to move their machines somewhere else.

Binance said it will discontinue Binance Pool and its related services on November 10 at 07:00 UTC, giving customers four weeks to move equipment, unwind products, and preserve their records. That cutoff covers more than the pool itself and reaches the supporting tools miners use to monitor and manage production.

Pool Savings, Cloud Mining, Transaction Accelerator, Telegram hashrate alerts, email notifications, and mining-pool API services are all included.

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Binance says the pool will operate normally until the cutoff. Eligible shares submitted before 07:00 UTC will remain part of the final reward calculation, while later submissions will receive no credit.

The company will remove pool links from its homepage on November 10. Account records and payout-status pages will remain available for two more weeks, then close permanently on November 24.

Customers with Pool Savings positions must redeem or unsubscribe before service ends. Binance also asked users to complete any required identity checks by 23:59 UTC on November 10 so eligible balances, refunds, and settlements can be processed under the applicable account and compliance rules.

Miners have a firm cutoff. They should disconnect from Binance Pool and point their equipment to another pool before the deadline.

Once the cutoff arrives, Binance says its Stratum addresses and mining endpoints will be disabled. Hashrate and mining shares submitted after that point will not be accepted, processed, or credited.

Users with Pool Savings positions also need to unsubscribe or redeem before the service ends. Binance asked customers to complete any identity-verification steps needed to receive eligible rewards, refunds, balances, or settlements by 23:59 UTC on November 10.

The timetable gives miners roughly four weeks to choose a replacement and update their configurations. It is enough time for an orderly migration, but not enough to treat the notice as background noise.

A miner that leaves its hardware pointed at dead endpoints after the cutoff will simply lose productive time.

A six-year mining chapter is closing. Binance launched its mining pool in April 2020, initially serving Bitcoin miners before expanding the surrounding product set.

Decrypt notes that the closure ends a six-year run and follows other product changes at the exchange, including the shutdown of its NFT marketplace and a growing focus on tokenized equities and other trading products.

Binance did not describe the decision as a problem with Bitcoin or with the network’s security. It called the move part of an ongoing review of products and services.

A single pool operator leaving the business does not stop Bitcoin mining, and miners can redirect their hashrate to competing pools.

The announcement is still significant because Binance bundled several conveniences around its pool. Beyond changing a server address, some customers must unwind savings positions, preserve records, and replace API integrations or alerting systems.

After November 10, eligible shares submitted before the deadline will remain part of the final reward calculation under the applicable product rules. Binance says outstanding rewards and settlements will be handled subject to account status, compliance checks, and local law.

Historical pool pages will stay available for 14 more days, until November 24 at 07:00 UTC, so users can review account records and payout status. After that, Binance says those pages will become permanently inaccessible.

Miners who need transaction history for accounting or tax records should download it before the archive disappears.

The bigger lesson is operational: mining is designed to be decentralized, but individual miners still depend on service providers. When one provider exits, the network keeps running.

The miner’s job is to make sure the machines do too.

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