Binance to shut mining pool as it expands AI and TradFi products

Binance will shut down its Bitcoin mining pool on November 10, 2026, at 07:00 UTC. The exchange plans to expand its AI tools and traditional assets trading. Miners will have a few weeks to move to other mining pools. Before the closure, miners must transfer to another pool and close their Pool Savings accounts. Pending rewards or refunds will be processed based on existing product terms and after checking for compliance. Users will still be able to access their transaction history until November 24, 07:00 UTC. Binance said the closure was part of a broader product review.