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.

The top 3

  1. Final Service Termination Deadline: All mining-related services, including Cloud Mining and Pool Savings, will officially cease operations by November 15, 2026.
  2. Asset Liquidation Timeline: Users must migrate their hash power or withdraw balances before the shutdown date to avoid potential loss of mining rewards.
  3. Reason for Strategic Pivot: Binance cited a broader business realignment to focus on core exchange products rather than maintaining complex infrastructure for mining.

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