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✉news BusinessCrypto first seen 9 h ago, last 5 h ago, peak #12

Binance Pool to shut down November 10, miners scramble

Original: Binance Pool To Close November 10, Giving Bitcoin Miners Weeks To Move

Binance has announced it will close its Binance Pool mining service on November 10, leaving bitcoin miners only weeks to migrate their hashrate to alternative pools. Affected users will need to move operations quickly to avoid downtime and lost revenue. The decision is being discussed across crypto and mining communities as a notable retreat by one of the world's largest exchanges from the bitcoin mining services business.

Why now: Binance is shutting a major mining pool with a very short transition window, directly affecting bitcoin miners.

BinanceBinance PoolBitcoin

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