Binance Pool Closes November 10: Three Mining Pools Already Control Bitcoin Majority Hashrate
BTC when published $83,462Now $80,362 ▼ −3.71% since it was published
Binance announced on Monday that it will permanently close Binance Pool, Cloud Mining, Pool Savings, and its Bitcoin Transaction Accelerator on November 10, 2026, at 07:00 UTC, ending a six-year experiment in exchange-integrated mining infrastructure — and sending its remaining miners into a network so heavily concentrated that just three pools already control enough combined hashrate to execute a majority attack. The announcement was published on Binance's official support page on the morning of October 13. The closure is total.
First reported by Tech Times. This page is a short excerpt; the full text is theirs.
