Crypto exchange Binance is shutting down its mining pool and related services in November, ending an operation that has been running for over six years.
On Tuesday, Binance said it would discontinue Binance Pool on Nov. 10. The shutdown also covers Pool Savings, Cloud Mining, Transaction Accelerator and related features, including mining pool APIs and hashrate notifications.
After the deadline, Binance said it would disable its mining endpoints and disconnect miners from the pool. The exchange will no longer accept hashrate submissions or credit mining shares received after the cutoff. Affected products will stop generating rewards and yields.
The company attributed the closure to an ongoing review of its products and services but did not…







