Binance's Mining Pool Goes Dark Nov 10. Miners Get 14 Days After That
Binance Pool stops hashing at 07:00 UTC on Nov 10, and final payouts depend on eligibility rules most miners haven't read. The historical dashboards vanish two weeks later, so anyone with balances sitting under a payout threshold needs to move now, not later.
Binance's mining pool shuts down on Nov 10. Hashrate stops counting at 07:00 UTC that day. That's the hard deadline, and there's no grace period built into it.
Here's the gist: final payouts aren't automatic for everybody. Binance says the last payments depend on eligibility, which is a word worth reading twice. And the historical pool pages, the dashboards where miners track earnings and payout records, go dark two weeks later. So your window to grab screenshots or export records for your books closes somewhere around Nov 24.
For anyone who started mining in the last few years, Binance Pool feels permanent. It launched in April 2020 and grew into one of the bigger pools by hashrate, mostly on the back of Binance's retail user base rather than industrial-scale operations. This isn't a technical failure. It's a business call. Pool margins are thin, compliance overhead is real, and Binance has been trimming peripheral products for a while now.
Bitcoin's network hashrate has been running near record highs, so one pool exiting doesn't threaten security. Not even close. The machines just get pointed somewhere else.
The practical part. Move your rigs before 07:00 UTC on Nov 10. Don't wait until the last day. Migrations take longer than people expect, and every hour your machines hash into a pool that's winding down is an hour of work with a question mark hanging over it. Check your balance against the minimum payout threshold right now too. If you're sitting under it, ask support what happens to that money before the pages disappear, not after.
Who wins? Competing pools. Foundry, Antpool, F2Pool and the rest will absorb the hashrate without much effort, and a few mid-size pools likely pick up several thousand machines each. Who loses? Small retail miners who liked keeping exchange, wallet and mining under one login. Convenience always costs something. This is the bill.
Bottom line: Nov 10 at 07:00 UTC is the only date that matters. Everything after it's cleanup.
Key Terms Explained
Coinbase's Layer 2 blockchain built on the OP Stack (Optimism's technology).
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