$IMD6900 · Tue, 13 Oct 2026 05:23:26 +0000
Binance is pulling the plug on its crypto mining pool by November, a quiet but notable shift for the world's largest exchange.
Binance announced it will shut down its crypto mining pool services starting in November, according to CoinTelegraph. No further details on which coins or regions are affected have been disclosed.
It signals Binance is narrowing its focus back to core trading and custody services amid tightening regulatory scrutiny and shrinking mining margins globally.
Watch whether any sudden outflows from mining-related tokens or exchange custody addresses surface ahead of the November deadline, which could hint at broader operational changes.
The move is unlikely to move markets dramatically, but it's a clear signal of where Binance is choosing to invest its infrastructure …
$STX $RENDER
#EAECEF #EvernorthNasdaqDebutClosesDown1
Binance is pulling the plug on its crypto mining pool by November, a quiet but notable shift for the world's largest exchange.
Binance announced it will shut down its crypto mining pool services starting in November, according to CoinTelegraph. No further details on which coins or regions are affected have been disclosed.
It signals Binance is narrowing its focus back to core trading and custody services amid tightening regulatory scrutiny and shrinking mining margins globally.
Watch whether any sudden outflows from mining-related tokens or exchange custody addresses surface ahead of the November deadline, which could hint at broader operational changes.
The move is unlikely to move markets dramatically, but it's a clear signal of where Binance is choosing to invest its infrastructure …
$STX $RENDER
#EAECEF #EvernorthNasdaqDebutClosesDown1