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.
Bitcoin miners are finally seeing meaningful relief after months of compressed margins. Daily industry revenue has climbed from roughly $27 million at July's lows to as much as $48 million, while hashprice briefly returned above $40 per PH/s/day. The catch: network hashrate is rapidly approaching 1 ZH/s again.
Bitcoin's mining difficulty fell by just 0.03% on October 3, settling at 132.72T. The unusually small adjustment followed a 4.16% increase in the previous epoch and leaves miners competing at nearly the same difficulty level.
The Middle East remains caught between diplomacy and further military escalation. For Bitcoin miners, the most important transmission channel is likely to be energy: a broader disruption could affect electricity costs, logistics and regional uptime before it has any direct impact on the Bitcoin network itself.
A new CoinShares report shows that Bitcoin mining is still adjusting after a difficult first half of 2026. Network hashrate remains well below its long-term trend, while tighter mining margins are pushing several large operators to devote more power and infrastructure to AI and high-performance computing.
Bitcoin’s mining difficulty decreased by approximately 5% during the network’s latest adjustment, falling from 133.87 trillion to 127.17 trillion. The reduction eases mining conditions for operators that remain connected to the network.
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