Binance Pool Is Shutting Down: What Its Exit Means for Bitcoin Miners and Pool Competition
Binance Pool Is Shutting Down: What Its Exit Means for Bitcoin Miners and Pool Competition

Binance will discontinue its Bitcoin mining pool on November 10, 2026, following a substantial decline in computing power connected to the service. With Binance Pool's hashrate down approximately 65% since December, the closure raises fresh questions about mining pool concentration, operational reliability and where displaced miners will direct their equipment.