[Binance Announces Closure of Mining Pool on November 10, Leaving Miners with Only a Few Weeks to Migrate] According to a report by NewsBTC on October 18, Binance has announced that it will shut down its mining pool and a series of related services on November 10, 2026, at 07:00 UTC. Miners must redirect their equipment to other mining pools before this deadline to avoid interruptions in mining operations. The scope of this exit extends beyond basic block reward services: Pool Savings, cloud mining, transaction accelerator, mining pool API, hash rate alerts, and other associated features will also be discontinued. Binance has reminded users that after the cutoff time, new shares and hash rate submissions will no longer be accepted or recorded. Users must proactively manage their existing savings positions and ensure their accounts can receive outstanding rewards and refunds. Binance attributed this adjustment to ongoing product evaluations and clarified that the decision is not tied to any specific decline in hash rate. The company emphasized that this change will not affect its Bitcoin exchange or spot trading operations.