Binance Pool Is Shutting Down: What It Means for Bitcoin Mining Decentralization
Binance announced on October 13, 2026 that it's shutting down Binance Pool and related mining services on November 10, after the pool's hashrate share fell from 2.3% to under 1% of the Bitcoin network. Here's why it's closing, what miners need to do, and what it means for Bitcoin's mining concentration.