InvestIndependently confirmed3 publishers2 min readPublished
Binance gives miners 28 days to leave its pool before shares stop counting
Binance will shut Binance Pool at 07:00 UTC on Nov. 10, 2026, 28 days after announcing the closure on Oct. 13. Hashrate sent afterward is not accepted and shares are not credited, so every rig needs a new pool by then.
The Investor · Invest desk

Timeline: Oct. 13, 2026, Binance announces Binance Pool will be discontinued. Oct. 27, 2026, access restricted for users in Brazil, Binance Pool included. Nov. 10, 2026, 07:00 UTC, Binance Pool and related services end. Nov. 24, 2026, the pool webpage closes.
| Date | Event | Claim |
|---|---|---|
| October 13, 2026 | Binance announces Binance Pool will be discontinued | 1 |
| October 27, 2026 | Brazil users' access restricted, Binance Pool included | 11 |
| November 10, 2026 | Binance Pool and related services end at 07:00 UTC | 1 |
| November 24, 2026 | Pool webpage closes; records viewable until then | 6 |
What happened
- Pool Savings, Cloud Mining and the Transaction Accelerator are discontinued on the same schedule as the pool itself.
- Telegram hashrate alerts, email notifications and the mining pool APIs are being retired too.
- Binance says eligible prior rewards and balances will continue to be processed under its existing guidelines.
- The Binance Pool webpage stays up until Nov. 24, 2026, and users can view historical data, account records and payment statuses until then.
- Binance is also restricting several services, Binance Pool included, for users in Brazil from Oct. 27, 2026, tied to compliance with new central bank regulations.
Why it matters
- cost Migration is labor on the miner's side: a new pool, a changed configuration on every machine, and monitoring rebuilt without Binance's alerts or APIs.
- decision Cloud Mining customers run no machines, so they have no pool to switch to and must decide whether to buy that exposure elsewhere.
- constraint Some Brazilian users have 14 days from the announcement to move, half of the 28 days everyone else gets.
Binance's published material does not link the closure to its Brazil restriction [12], and the sequence invites the link anyway, because the Brazil restriction [11] comes first. We'd treat the connection as unproven. A central bank rule explains why one country loses a pool. It takes a separate decision to close a pool, a cloud product, a savings product and an accelerator everywhere [3]. The counter-thesis is that a pool fenced off by country was not worth running, which would make Brazil the cause after all. Both readings fit the dates.
The money question is narrower than it looks, or rather it hangs on one adjective. The promise covers eligible prior rewards and balances [5], and the coverage does not say who qualifies. We'd expect the word to be boilerplate. A miner reporting a pre-shutdown balance held back would show otherwise.
Records are the one clock that outlasts the cutoff. The page stays up 14 days after 07:00 UTC on Nov. 10 [9], and any export of payment statuses has to happen inside that window.
Binance Pool's share of network hashrate is not in the coverage, so the absence of a price reaction in initial reports [14] cannot be sized against anything. Repointed hashrate reappears at rival pools. If those pools show no matching rise around Nov. 10, machines were stopped or left behind, and the closure costs miners more than a configuration change.
What to watch
- Whether Binance publishes a reason or ties the closure to Brazil's central bank rules before Nov. 10.
- Any report of a pre-shutdown balance held back as ineligible before the page closes on Nov. 24.
- Hashrate at rival pools around 07:00 UTC on Nov. 10, where a matching rise would show machines were repointed.
Clarity's read
What the record supports and how the coverage leans. The claims behind it follow.
Reality
- Evidence68
- Adoption
- Insufficient
- Hype gap0
- Incentives
- Insufficient
- Confidence75
Perspective Coverage
3 publishers- Builder
- Builder 13%
- Operator
- Operator 55%
- Investor
- Investor 32%
Claim ledger
Ranked by verification strength, evidence, and original report placement.
- [1]
Binance announced on October 13, 2026 that Binance Pool and related services will be discontinued on November 10, 2026 at 07:00 UTC.
ReportedSupportedSource: cryptobriefing.com3 sources— create a free account to open themView cited source - [2]
After the cutoff, hashrate submitted to Binance Pool will no longer be accepted and shares will no longer be credited.
ReportedSupportedSource: cryptobriefing.com3 sources— create a free account to open themView cited source - [3]
Pool Savings, Cloud Mining and the Transaction Accelerator are discontinued alongside Binance Pool.
ReportedSupportedSource: cryptobriefing.com3 sources— create a free account to open themView cited source - [4]
Telegram hashrate alerts, email notifications and the mining pool APIs are being retired.
ReportedSupportedSource: cryptobriefing.com3 sources— create a free account to open themView cited source - [5]
The exchange says eligible prior rewards and balances will continue to be processed under its existing guidelines.
ReportedSupportedSource: cryptobriefing.com3 sources— create a free account to open themView cited source - [6]
The Binance Pool webpage closes permanently on November 24, 2026; until then users can view historical data, account records and payment statuses.
ReportedSupportedSource: cryptobriefing.com3 sources— create a free account to open themView cited source - [7]
Cloud Mining users were renting exposure to mining rather than running machines, so the shutdown removes the product entirely for them rather than requiring a configuration change.
ReportedSupportedSource: cryptobriefing.com3 sources— create a free account to open themView cited source - [8]
Affected miners must choose a new pool, update every machine's configuration, and rebuild any monitoring that depended on Binance's alerts or APIs.
ReportedSupportedSource: cryptobriefing.com3 sources— create a free account to open themView cited source - [9]
The Binance Pool webpage stays up 14 days after the cutoff.
- [10]
The window from announcement to cutoff is 28 days.
- [11]
Binance restricts access to several services for users in Brazil, including Binance Pool, starting October 27, 2026, tied to compliance with new central bank regulations in the country.
ReportedInsufficientSource: cryptobriefing.com3 sources— create a free account to open themView cited source - [12]
Binance has not linked the global pool closure directly to the Brazilian rules in the material it published.
ReportedInsufficientSource: cryptobriefing.com3 sources— create a free account to open themView cited source - [13]
Some Brazilian users have 14 days from the announcement until their access is restricted, half of the 28-day window.
- [14]
Initial coverage of the announcement has not pointed to any immediate market price reaction.
Sources
3 independent publishers whose own reporting we read for this story.
- cointelegraph.comBinance to shut down crypto mining pool services in November
1 article · October 12, 2026
- crypto.newsBinance to shut down its crypto mining pool on Nov. 10
1 article · October 12, 2026
- cryptobriefing.comBinance to shut down Binance Pool and related mining services on November 10
1 article · October 12, 2026
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