Binance is ending its mining pool, Pool Savings and transaction acceleration service. Final mining rewards will be calculated from eligible work submitted before the cutoff.
Binance will close Binance Pool and its related services on November 10, 2026. The exchange’s October 13 announcement also covers Pool Savings, Cloud Mining, Transaction Accelerator, Telegram hashrate alerts, email notifications and mining pool API services. Binance cited its review of products and services without giving a more detailed reason.
Binance Pool combines miners’ computing power; the shutdown notice does not cover the exchange’s spot trading services. Binance.US, one of the platforms in our comparison of U.S. crypto exchanges, operates separately from Binance Global and Binance TR.
Binance’s October 13 X post announcing the shutdown date and affected services
The post loads from X when you open it.
Miners will need another pool
At 07:00 UTC on November 10, Binance Pool will start disconnecting mining connections. Its Stratum URLs and mining endpoints, which devices use to connect to the pool, will be disabled. Binance asks miners to reconfigure their equipment to point to a different pool before the cutoff to avoid interruptions.
Hashrate submissions and mining shares sent after the deadline will no longer be accepted, processed or credited. In proof-of-work mining, shares represent computational work submitted by a miner to a pool. Only eligible shares submitted before the cutoff will enter the final reward calculation under Binance Pool’s rules. The pool is expected to operate normally until the specified time.
Remaining payments depend on eligibility
Binance has asked Pool Savings users to review active positions and unsubscribe or redeem their balances before the service ends. No new rewards, yield or service benefits will accrue after the cutoff. Eligible outstanding rewards, balances, refunds and settlements will be processed under the relevant product rules, account status, risk controls and compliance requirements.
The account deadline does not extend mining services. Binance asks users to complete any steps needed to receive eligible payments, including identity verification where required, by November 10 at 23:59 UTC. Mining services will have ended almost 17 hours earlier.
The notice does not promise a single payment date or an unconditional refund for every user. Nor does it specify a uniform refund amount for Cloud Mining contracts. Entitlements will depend on the applicable product terms and account checks.
Two weeks to access historical records
Links to Binance Pool will be removed from the Binance homepage on November 10. Pool pages will remain accessible for another 14 days to view historical data, account records and payout status where available. Access will end permanently at 07:00 UTC on November 24.
The exchange recommends downloading or saving any records and reports users need.
