Binance Pulls the Plug on Bitcoin Mining After 6-Year Run
Binance, the world’s largest crypto exchange by trading volume, disclosed this week that the company’s mining operations will be sunsetting. The crypto firm said that Binance Pool and related services will officially be discontinued on Nov. 10, 2026. Binance Pool to Shut Down After Six Years and 22,188 Mined Bitcoin Blocks According to mempool.space statistics, […]
Binance, the largest crypto exchange by trading volume, announced it will shut down its mining pool and related services on November 10, 2026, ending a six-year run. The pool mined 22,188 Bitcoin blocks, and its closure removes a major mining pool from the ecosystem. Traders may view this as a negative signal for Bitcoin mining centralization and overall market sentiment, though the long transition period could mitigate immediate impact.
