Binance will close its mining pool and related products on November 10, 2026. The change affects more than a Stratum endpoint. Pool Savings, Cloud Mining, the Transaction Accelerator, hashrate alerts, email notices and mining-pool APIs are also scheduled to stop. The migration covers account records, linked products and hardware configuration.
The cutoff is 07:00 UTC
Binance says it will begin disconnecting mining connections at 07:00 UTC on November 10. Its Stratum URLs and mining endpoints will be disabled, and shares submitted after that point will not be accepted, processed or credited. Eligible shares received before the cutoff are due to enter the final reward calculation under the applicable pool rules.
The company described the closure as part of an ongoing product review. It did not give a more specific reason. That distinction matters because the announcement confirms the timetable and affected services but does not support broader claims about the economics of mining or the exchange’s financial position.
Move hashrate before the deadline
Miners should choose and test a replacement pool before removing the current configuration. The comparison should cover payout method, fees, minimum payout threshold, server locations, supported hardware and the process for changing a payout address. A pool’s headline hashrate does not answer those operational questions.
Where mining software supports backup endpoints, operators can configure a replacement and confirm that its dashboard records accepted shares. That check reduces the risk of discovering a malformed worker name, blocked port or account error only after Binance disconnects the old endpoint. Credentials and payout addresses should be verified through the replacement pool’s official interface rather than copied from an unsolicited message.
Redeem products and preserve records
Users with Pool Savings positions should unsubscribe or redeem them before the service ends. Binance also asks customers to complete any required identity checks by 23:59 UTC on November 10 so eligible remaining rewards, refunds or settlements can be processed.
Historical pool pages are scheduled to remain viewable until 07:00 UTC on November 24. Before that window closes, users should download the records they may need for accounting or a payout dispute: worker history, reward statements, transaction identifiers and the final balance status. Saving those records does not change the terms governing payment, but it preserves the information needed to reconcile the account later.
Final payments remain conditional
The announcement does not promise that every outstanding amount will arrive immediately after shutdown. Binance says eligible balances, rewards, refunds and settlements will be handled subject to product rules, account status, risk controls, compliance checks and applicable law.
The safe sequence is straightforward: test another pool, redirect hashrate before 07:00 UTC on November 10, redeem any linked savings position, complete required account checks and export records before November 24. Operators should then compare the replacement pool’s accepted shares with their miners’ local statistics before treating the migration as complete.
Source: BlockchainReporter.