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Binance Pool is closing. Where will its Bitcoin miners go?

Binance Pool is closing. Where will its Bitcoin miners go?

Photo: crypto.news

Binance will stop accepting mining shares at 07:00 UTC on November 10. Machines still pointed at its pool after that time will no longer earn through it. The immediate task for miners is a configuration change; the harder choice is who will assemble their blocks, calculate their rewards and hold the proceeds between settlement and withdrawal. Binance Pool will disconnect miners at 07:00 UTC on November 10, 2026. The pool's reported hash power fell from about 26 EH/s in December to 9.2 EH/s in October. Binance's final accounting will include eligible shares submitted before the November 10 cutoff.

Source: crypto.news

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