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Binance Pool Shutdown Nears as Miners Face November 10 Deadline

Binance emblem and Bitcoin mining rigs with November 10 shutdown deadline, editorial illustration
Editorial note: This report is for information, not investment advice. Market conditions can change. We identify primary sources and distinguish observations from predictions. Full disclaimer.

Binance Pool will close on November 10 at 07:00 UTC, or noon Pakistan time, leaving miners a final day to switch their equipment to another operator.

The exchange’s October 13 notice also covers Cloud Mining, Pool Savings, Transaction Accelerator and related APIs. This is a deadline update to that announcement.

Mining submissions stop when the service closes tomorrow

Binance says submissions after the cutoff will receive no processing or credit. Eligible earlier shares enter the final reward calculation. Users should redirect miners and review Pool Savings positions before closure.

Remaining payouts, refunds and settlements depend on product rules, account status and compliance checks. Binance asks users to complete any required identity steps by November 10 at 23:59 UTC, or November 11 at 04:59 PKT.

Historical records remain available for two more weeks

Pool pages remain accessible for historical records and payout status until November 24 at 07:00 UTC, or noon PKT. Users therefore have a separate window to save account records after mining ends.

The notice attributes closure to a product review. It gives no more specific reason.

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