Binance Bitcoin Pool Logs One Block in Week Ahead of Shutdown
Binance’s bitcoin mining pool finds just one block in a week as shutdown nears
Binance’s bitcoin mining pool has nearly vanished from the network’s block-production rankings ahead of its planned shutdown on Nov. 10, 2026, at 07:00 UTC.
According to data from blockchain analytics platform mempool.space, Binance Pool produced just one Bitcoin block over the past seven days. That equates to roughly 0.11% of the approximately 925 blocks mined across the Bitcoin network during the same period. The pool produced no blocks in the past 24 hours.
The reduced block output comes as Binance Pool’s computing power has fallen sharply. The pool’s hashrate declined about 65%, dropping from roughly 26 exahashes per second (EH/s) in December 2025 to about 9.2 EH/s in October 2026.
Binance has said it will disconnect miners at the Nov. 10 cutoff and end several mining-related services, including block rewards, cloud mining, and pool savings. After that time, mining connections and related endpoints are scheduled to be disabled.
The shutdown matters because mining pools serve as coordination hubs for miners, combining hashrate so participants can earn steadier payouts than they typically would mining alone. With Binance Pool winding down, participating miners are expected to shift their hashrate to other, larger pools to maintain consistent earnings and minimize operational disruption.
- Blocks mined by Binance Pool (past 7 days): 1
- Estimated total network blocks (past 7 days): ~925
- Estimated share of blocks: 0.11%
- Blocks mined by Binance Pool (past 24 hours): 0
- Hashrate (Dec. 2025): ~26 EH/s
- Hashrate (Oct. 2026): ~9.2 EH/s
- Estimated decline: ~65%
Binance has also indicated that some historical pages and account records related to the pool are scheduled to become inaccessible later in November, following the shutdown timeline.
