Binance Pool shuts down on November 10: deadlines and where miners can move their hashrate
Binance is leaving the mining pool business. On October 13 the exchange announced that Binance Pool, together with Pool Savings, Cloud Mining, the Transaction Accelerator, the pool API, Telegram hashrate alerts and email notifications, will be switched off at 07:00 UTC on November 10, 2026. The only reason given was an "ongoing review of products and services". Any rig still pointed at a Binance stratum address after that minute will burn electricity without earning anything.
Key dates
- November 10, 07:00 UTC. Stratum URLs and mining endpoints are disabled. Shares submitted after this moment are not accepted or credited. Shares sent before it go into the final reward calculation.
- November 10, 23:59 UTC. The deadline Binance set for finishing any identity checks needed to receive remaining rewards, refunds and settlements. It does not extend mining time.
- November 24, 07:00 UTC. Pool pages with hashrate history, account records and payout status close for good.
Binance says eligible balances will be processed after the cutoff, subject to account status, risk controls and compliance checks, without naming a payout date.
How big Binance Pool still was
In Bitcoin the pool had become a minor player. According to CoinMarketCap, citing mempool.space, Binance Pool found 47 of 4,425 blocks over the past month, about 1.1%, which ranked it 12th. Foundry USA led with about 25.6% of blocks, AntPool had 20.7% and F2Pool 16.2%. The closure barely changes Bitcoin's pool concentration, but for miners using Binance it is a hard deadline.
The pool also served much more than BTC. Its coin list included BCH, LTC with merged DOGE, ETC, ZEC, ETHW, RVN, DASH and CKB, so owners of Scrypt, Etchash, Equihash, KawPow and X11 hardware need a new home as well.
Where to move your hashrate
Binance paid on FPPS, PPS+ and PPS schemes, so miners used to steady daily payouts should look for pools with similar models rather than pure PPLNS. One option with a matching coin list is Kryptex Pool. It pays on PPS+ and lists Bitcoin, Bitcoin Cash, Litecoin with merged coins, Ethereum Classic, Zcash, EthereumPoW and Ravencoin, plus Kaspa and Monero. On the day of writing its Bitcoin pool showed about 7 EH/s with a minimum payout of 0.001 BTC. It does not list DASH or CKB, so X11 and Eaglesong miners need a different pool.
Checklist before November 10
- Open an account at the new pool and set payout addresses for every coin you mine.
- On each miner, overwrite all three pool slots. Put the new pool in slot 1, its backup server in slot 2 and a different pool in slot 3. Leave no Binance address anywhere.
- After about ten minutes, check that every worker is online on the new pool dashboard with the expected hashrate.
- Redeem Pool Savings positions and review Cloud Mining contracts before the cutoff.
- Complete any verification Binance asks for by 23:59 UTC on November 10 so remaining rewards are not held.
- Download your hashrate history and payout reports before November 24.
Do not wait for the last day: a switch takes minutes per machine, but large farms with many devices and remote sites need time to verify every worker.