Binance Ends Mining Pool Service, Urges Miners to Transition Hashrate

Community Trust Score Verified 93 % Real Verified 15 votes Updated 29 seconds ago Binance is pulling the plug on its mining pool. The shutdown hits November 10, and miners who haven’t moved their hashrate somewhere else by then will find themselves cut off entirely. The closure of Binance Pool signals a significant shift within the cryptocurrency mining landscape, particularly as major exchanges reassess their involvement in mining operations amidst increasing regulatory scrutiny and market volatility.

Source: The Currency Analytics