Binance will shut down its mining pool on November 10, ending a service that launched in April 2020 and operated for over six years. The closure also affects Pool Savings, Cloud Mining, Transaction Accelerator, mining pool APIs and hashrate notifications. Miners are urged to redirect their computing power to alternative pools before the deadline to avoid service interruptions. Outstanding rewards and balances will be processed after the shutdown, and users will have until November 24 to access their historical mining records. Binance attributed the decision to an ongoing review of its products and services without providing further details.
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