Binance to shut down mining pool, cloud mining and related services
60-second summary
Binance announces it will close its mining pool, cloud‑mining platform, and Pool Savings service on November 10, ending all related operations. The decision follows regulatory pressure and internal risk assessments, prompting the exchange to reallocate resources toward core trading and custodial functions.
Binance said it will shut down its mining pool, cloud mining, and Pool Savings services on Nov. 10.