Binance Pool Fades From Bitcoin Mining Just Days Before Its Shutdown

Binance’s Bitcoin mining pool has all but vanished from the block rankings as its final day approaches. Over the past seven days, it discovered only one of roughly 925 blocks, which works out to about 0.11% of the network. It found none in the last 24 hours. The service, which started in April 2020, is set to disconnect miners at 07:00 UTC on November 10, bringing an end to block reward services, cloud mining, pool savings and its transaction accelerator.

How Binance Pool Hashrate Dropped So Sharply

This slump did not happen overnight. The pool’s computing power slid from around 26 exahashes per second in December 2025 to about 9.2 EH/s in October, a fall of roughly 65%. At its peak, it controlled more than 2% of the network’s total power. Its latest identified block, number 974,743, was mined on November 6 and carried 1,353 transactions, with rewards of about 3.134 BTC including fees.

Where Bitcoin Miners Go Next

Foundry USA, AntPool and F2Pool

Pools simply combine the power of independent miners, and those miners can point their machines at a different provider without powering down. One quiet week of luck also cannot reveal a pool’s true remaining hashrate, since block discoveries are random. Still, Binance’s exit pushes its remaining miners toward rivals, which could add to the already large share held by Foundry USA, AntPool and F2Pool.