Binance Is Shutting Down Its Bitcoin Mining Pool After Six Years

Binance will discontinue Binance Pool, Pool Savings, Cloud Mining, and other related services in a retreat from mining infrastructure.

The top 3

1. Binance Pool Shuts Down After Six Years: Binance is terminating its mining pool services, including Cloud Mining and Pool Savings, by November 2026, marking a strategic shift away from mining infrastructure.
2. Top 3 Largest Bitcoin Mining Pools by Hashrate: Even without Binance Pool, these industry giants dominate the global Bitcoin hashrate distribution.
3. Largest Crypto Exchange-Backed Mining Departures: Binance joins a list of major exchanges that have exited the mining sector to streamline operations.

Sources

• Decrypt
• The Block

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