#minage
minage
2,466 views
17 Discussing
Hot
Latest
·
--
Article
Elon Musk declares the end of easy credit for AI: why bitcoin miners are on the front lineNafi runs an internet café in Niamey. She borrowed money to buy 15 computers, and pays it back with the fees she charges by the hour. If customers become scarce, or a bigger competitor opens across the street, the debt catches up with her. This week, Elon Musk described exactly this risk, but on the scale of artificial intelligence. And miners of $BTC are right in the thick of it.
📋 The facts (as of October 26, 2026)
• On Sunday, October 25, Musk wrote on X that over the past few weeks, lenders have “almost entirely” cut off credit to companies without substantial revenue outside AI data centers (CNBC).
Elon Musk declares the end of easy credit for AI: why bitcoin miners are on the front line
Nafi runs an internet café in Niamey. She borrowed money to buy 15 computers, and pays it back with the fees she charges by the hour. If customers become scarce, or a bigger competitor opens across the street, the debt catches up with her. This week, Elon Musk described exactly this risk, but on the scale of artificial intelligence. And miners of $BTC are right in the thick of it.
📋 The facts (as of October 26, 2026)
• On Sunday, October 25, Musk wrote on X that over the past few weeks, lenders have “almost entirely” cut off credit to companies without substantial revenue outside AI data centers (CNBC).
📋 The facts (as of October 26, 2026)
• On Sunday, October 25, Musk wrote on X that over the past few weeks, lenders have “almost entirely” cut off credit to companies without substantial revenue outside AI data centers (CNBC).
19
·
--
⛏️ Binance is closing its mining pool on November 10. Do you use Pool Savings or Cloud Mining? There are less than 4 weeks left to act.
Didier, in Douala, doesn’t have a machine. He just tried a little Cloud Mining in the app “to see how it works.” His question: “Will my money disappear on November 10?”
📌 The facts (Binance announcement, Oct. 13, 2026)
• Binance Pool, Pool Savings, Cloud Mining, and Transaction Accelerator are ending.
• Nov. 10, 07:00 UTC (07:00 in Dakar, 08:00 in Douala): no more hashrate will be accepted, and there will be no more rewards or yield. Pool alerts and APIs will also stop.
• History will be available until Nov. 24, 07:00 UTC, then access will end.
• Official reason: a routine product review.
🧠 How it works
A pool combines the computing power of many miners and shares rewards $BTC according to each miner’s share of the work. If a pool closes, a machine can connect to another pool. Cloud Mining means renting computing power without a machine: for Didier, the product disappears, and there’s nothing to reconfigure.
⚖️ The caveats
• Eligible balances will be handled according to the product terms and account checks: incomplete KYC may block a payout.
• Watch out for fake “Binance support” accounts in DMs offering to “migrate” your funds.
• Fewer large pools could mean mining becomes more concentrated among a handful of players.
👉 Didier’s checklist
1. Write down what he holds.
2. Withdraw / unsubscribe before Nov. 10—don’t wait until the last night.
3. Check his KYC.
4. Save a copy of his history before Nov. 24.
Have you used one of these services? Tell me what you plan to do 👇
Not financial advice. DYOR.
Sources: Binance announcement (Oct. 13); The Block; Crypto Briefing.
#Binance #Minage #Bitcoin #Afrique
⛏️ Binance is closing its mining pool on November 10. Do you use Pool Savings or Cloud Mining? There are less than 4 weeks left to act.
Didier, in Douala, doesn’t have a machine. He just tried a little Cloud Mining in the app “to see how it works.” His question: “Will my money disappear on November 10?”
📌 The facts (Binance announcement, Oct. 13, 2026)
• Binance Pool, Pool Savings, Cloud Mining, and Transaction Accelerator are ending.
• Nov. 10, 07:00 UTC (07:00 in Dakar, 08:00 in Douala): no more hashrate will be accepted, and there will be no more rewards or yield. Pool alerts and APIs will also stop.
• History will be available until Nov. 24, 07:00 UTC, then access will end.
• Official reason: a routine product review.
🧠 How it works
A pool combines the computing power of many miners and shares rewards $BTC according to each miner’s share of the work. If a pool closes, a machine can connect to another pool. Cloud Mining means renting computing power without a machine: for Didier, the product disappears, and there’s nothing to reconfigure.
⚖️ The caveats
• Eligible balances will be handled according to the product terms and account checks: incomplete KYC may block a payout.
• Watch out for fake “Binance support” accounts in DMs offering to “migrate” your funds.
• Fewer large pools could mean mining becomes more concentrated among a handful of players.
👉 Didier’s checklist
1. Write down what he holds.
2. Withdraw / unsubscribe before Nov. 10—don’t wait until the last night.
3. Check his KYC.
4. Save a copy of his history before Nov. 24.
Have you used one of these services? Tell me what you plan to do 👇
Not financial advice. DYOR.
Sources: Binance announcement (Oct. 13); The Block; Crypto Briefing.
#Binance #Minage #Bitcoin #Afrique
Didier, in Douala, doesn’t have a machine. He just tried a little Cloud Mining in the app “to see how it works.” His question: “Will my money disappear on November 10?”
📌 The facts (Binance announcement, Oct. 13, 2026)
• Binance Pool, Pool Savings, Cloud Mining, and Transaction Accelerator are ending.
• Nov. 10, 07:00 UTC (07:00 in Dakar, 08:00 in Douala): no more hashrate will be accepted, and there will be no more rewards or yield. Pool alerts and APIs will also stop.
• History will be available until Nov. 24, 07:00 UTC, then access will end.
• Official reason: a routine product review.
🧠 How it works
A pool combines the computing power of many miners and shares rewards $BTC according to each miner’s share of the work. If a pool closes, a machine can connect to another pool. Cloud Mining means renting computing power without a machine: for Didier, the product disappears, and there’s nothing to reconfigure.
⚖️ The caveats
• Eligible balances will be handled according to the product terms and account checks: incomplete KYC may block a payout.
• Watch out for fake “Binance support” accounts in DMs offering to “migrate” your funds.
• Fewer large pools could mean mining becomes more concentrated among a handful of players.
👉 Didier’s checklist
1. Write down what he holds.
2. Withdraw / unsubscribe before Nov. 10—don’t wait until the last night.
3. Check his KYC.
4. Save a copy of his history before Nov. 24.
Have you used one of these services? Tell me what you plan to do 👇
Not financial advice. DYOR.
Sources: Binance announcement (Oct. 13); The Block; Crypto Briefing.
#Binance #Minage #Bitcoin #Afrique
30
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Trending Topics
1
#EthereumDropsBelow$2300
1,641 views
74 Discussing
2
#BitcoinSlipsBelow$80KAgain
3,623 views
44 Discussing
3
#ThailandLaunchesWORPTStablecoinToQRPaymentApp
5,100 views
135 Discussing
4
#StrategySkipsBitcoinPurchasesSpends$205MOnSTRCBuybacks
3,892 views
73 Discussing
5
#BitmineAdds10452ETH
40,411 views
614 Discussing
6
#SouthKoreaConsidersEducationTaxOnCryptoExchanges
22,800 views
476 Discussing
7
#OCCUrgesCommunityBanksToEnterStablecoinPayments
17,736 views
309 Discussing
8
#RippleWinsFullApprovalAsNationalTrustBank
24,543 views
305 Discussing
9
#AkashSelectsSolanaAsMigrationTarget
11,969 views
157 Discussing
10
#OndoToOpenSubscriptionsForOpenAIPreIPOTokenizedNotes
687 views
25 Discussing