Binance to Shut Down Mining Pool Services on November 10
Binance's mining pool closure will require Bitcoin miners to relocate their operations before the deadline.
Binance's mining pool closure will require Bitcoin miners to relocate their operations before the deadline. Bitcoin (BTC) is trading at ₹77,01,700 ($81,006.00), down 0.5% since this brief published. This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Sun, 18 Oct 2026 15:00:02 UTC.
The shutdown of Binance Pool affects a significant portion of the Bitcoin mining ecosystem, requiring miners to quickly reconfigure their operations to avoid disruptions. This move also reflects broader shifts in the crypto mining landscape.
- Binance Pool to cease operations on November 10, 2026.
- Miners must redirect their machines before the shutdown.
- Closure includes Pool Savings, Cloud Mining, and related services.
- Bitcoin hashrate currently at 1019 EH/s, indicating robust network activity.
- Binance to Discontinue Mining Services on November 10, 2026
- Binance to Shut Down Bitcoin Mining Pool on November 10
- Binance to Shut Down Mining Pool Services on November 10 — this brief
Binance has announced the discontinuation of its mining pool and related services, effective November 10, 2026, at 07:00 UTC. The decision affects not only the mining pool's block-reward service but also ancillary offerings like Pool Savings, Cloud Mining, and supporting features such as APIs and hashrate alerts.
Miners connected to Binance Pool must take immediate action to redirect their machines to alternative pools before the shutdown to avoid interruptions in their mining activities. The deadline is firm, and any shares or hashrate submitted after the cutoff will not be processed.
The 
Bitcoin network's current hashrate stands at 1019 EH/s, with a difficulty of 140.6T, indicating a robust and active mining ecosystem. Despite the impending closure of Binance Pool, the overall crypto market remains relatively stable, with a total market cap of $2.79 trillion and a Fear & Greed index of 53, reflecting a neutral sentiment.
The closure of Binance Pool is a significant development in the crypto mining landscape, potentially leading to a redistribution of mining power among other pools. Miners will need to carefully consider their options to ensure continued profitability and operational efficiency.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹77,36,783.22$81,375.00 to ₹77,01,700.29$81,006.00 — -0.45%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.56M (about $81,006.00), down 0.6% over 24 hours. The rupee itself trades about 11.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 18, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Binance to Shut Down Mining Pool Services on November 10 — questions & answers
What is the deadline for miners to move from Binance Pool?
Miners must redirect their machines before November 10, 2026, at 07:00 UTC.
What services are included in the Binance Pool closure?
The closure includes Pool Savings, Cloud Mining, Transaction Accelerator, APIs, and hashrate alerts.
How will the Binance Pool closure affect the Bitcoin network?
The closure may lead to a redistribution of mining power, but the network's hashrate remains strong at 1019 EH/s.
How much is 1 Bitcoin worth in rupee today?
About ₹8.56M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $81,006.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.45% since this brief first published — trading at ₹77,01,700 ($81,006.00) now versus ₹77,36,783 ($81,375.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.