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Binance to shut down mining pool services on Nov. 10

Binance said the shutdown includes Binance Pool, Pool Savings, Cloud Mining, Transaction Accelerator, and related APIs and hashrate notifications.

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Binance will discontinue its mining pool and related services on Nov. 10, the exchange said, urging miners to move to alternative pools before the cutoff.

The shutdown covers Binance Pool plus Pool Savings, Cloud Mining, Transaction Accelerator, and related features, including mining pool APIs and hashrate notifications, according to Cointelegraph.

After Nov. 10, Binance said it will disable its mining endpoints and disconnect miners from the pool, and it will no longer accept hashrate submissions or credit mining shares received after the cutoff.

The Block also reported that Binance plans to shut down its mining pool, cloud mining, and Pool Savings services on Nov. 10.

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