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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

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Brazil users lose pool access before global cutoff Dates Binance set for winding down Binance Pool, from the announcement to the closure of the pool webpage.

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.

Brazil users lose pool access before global cutoff
DateEventClaim
October 13, 2026Binance announces Binance Pool will be discontinued1
October 27, 2026Brazil users' access restricted, Binance Pool included11
November 10, 2026Binance Pool and related services end at 07:00 UTC1
November 24, 2026Pool webpage closes; records viewable until then6

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%
Why these scores

Claim ledger

Ranked by verification strength, evidence, and original report placement.

  1. [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. [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. [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

Sources

3 independent publishers whose own reporting we read for this story.

  1. cointelegraph.com

    1 article · October 12, 2026

    Binance to shut down crypto mining pool services in November
  2. crypto.news

    1 article · October 12, 2026

    Binance to shut down its crypto mining pool on Nov. 10
  3. cryptobriefing.com

    1 article · October 12, 2026

    Binance to shut down Binance Pool and related mining services on November 10

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