Overview
- Binance announced the shutdown on Tuesday, October 13, giving users until 07:00 UTC on November 10 to stop mining to the pool and migrate their rigs.
- At 07:00 UTC on November 10 Binance will disable Stratum endpoints, disconnect mining equipment and stop accepting or crediting submitted hashrate or shares.
- The closure covers Binance Pool plus Pool Savings, Cloud Mining, the Transaction Accelerator, mining APIs and automated hashrate alerts.
- Users who need account verification must finish identity checks by 23:59 UTC on November 10 to help Binance process eligible unpaid rewards and refunds after the shutdown.
- Binance will keep Pool historical pages available until 07:00 UTC on November 24 for record retrieval, and the move comes alongside Brazil-specific service restrictions and broader industry work on Stratum V2 that Binance did not cite as reasons.