Binance announced it will shut down its Binance Pool mining services, including Pool Savings, Cloud Mining, and related features, by November 10, 2026. Miners currently using Binance Pool will need to migrate to other mining pools to continue operations. The closure is expected to redistribute mining power rather than reduce overall Bitcoin mining, with minimal immediate impact on Bitcoin prices. However, some miners may face temporary downtime or financial pressure during the transition, potentially causing minor selling pressure on Bitcoin.
Binance Pool's upcoming closure is the subject, with Pluang market data providing context. For readers following major cryptocurrencies, breadth shows 7 out of 50 rose while 42 fell. Notable movers include ALGO at Rp2.105 with a -8.52% change, EOS at Rp12.649 up 8.13%, and AXS at Rp20.498 down -7.74%. This snapshot is as of Oct 13, 2026 19:44 WIB.
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