Binance Pool's last week as a Bitcoin miner, in numbers:
• Blocks found, past 7 days: 1 of roughly 925 (mempool.space via CoinDesk)
• Network share: about 0.11%, vs. more than 2% at its peak
• Hashrate: ~26 EH/s in Dec 2025 to ~9.2 EH/s in Oct, down about 65%
• Last identified block: 974,743, mined 01:15 UTC on Nov 6
• Shutdown: 07:00 UTC today, Nov 10, after launching in April 2020
One caveat: a single quiet week is partly luck, so it can't pin down the exact remaining hashrate. The 65% drop is the better signal. My read: the pool was already hollowed out, so $BTC security barely notices. What to watch is whether Foundry USA, AntPool and F2Pool pick up the leftover miners and concentrate block production further.
#Bitcoin #Mining
Disclosure: I can earn Binance Write to Earn rewards from this post.
• Blocks found, past 7 days: 1 of roughly 925 (mempool.space via CoinDesk)
• Network share: about 0.11%, vs. more than 2% at its peak
• Hashrate: ~26 EH/s in Dec 2025 to ~9.2 EH/s in Oct, down about 65%
• Last identified block: 974,743, mined 01:15 UTC on Nov 6
• Shutdown: 07:00 UTC today, Nov 10, after launching in April 2020
One caveat: a single quiet week is partly luck, so it can't pin down the exact remaining hashrate. The 65% drop is the better signal. My read: the pool was already hollowed out, so $BTC security barely notices. What to watch is whether Foundry USA, AntPool and F2Pool pick up the leftover miners and concentrate block production further.
#Bitcoin #Mining
Disclosure: I can earn Binance Write to Earn rewards from this post.