Binance has announced the closure of Binance Pool and its related mining services on November 10, 2026 at 07:00 UTC. This shutdown will include Pool Savings, Cloud Mining, Transaction Accelerator and related features. Miners will need to join other competing pools to continue their operations, which should lead to a redistribution of hashrate rather than total elimination. The immediate impact on BTC price remains limited, with only a 0.05% drop at the time of writing, while BNB has declined by 1.48%.
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