Binance Pool Closes Mining Service Nov. 10, Disabling Stratum
Miners have two weeks to redirect equipment, complete account steps and save historical records before Binance closes Pool pages on Nov. 24.
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Miners have two weeks to redirect equipment, complete account steps and save historical records before Binance closes Pool pages on Nov. 24.
The closure puts a firm deadline on miners, while Binance’s expansion into traditional-asset derivatives highlights its broader push beyond crypto markets.
The Nov. 10 shutdown forces miners to move equipment and closes Binance's mining infrastructure as the exchange expands into traditional finance and AI trading.
The closure forces miners to reconfigure their rigs to a new pool endpoint, redistributing hashrate across competing mining operators.
Miners have until November 10 to migrate their hashrate, with the exchange winding down cloud mining, Pool Savings, and transaction acceleration as part of the same exit.
Once the largest mining pool on the Bitcoin network with 18-20% of global hashrate, Poolin now owes creditors roughly $173M while a single $52M offer for its West Texas sites is the main recovery on…