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TRX Binance to shut down mining pool and related services on Nov. 10
Binance said it will shut down its mining pool, cloud mining, and Pool Savings services on Nov. 10, according to The Block. CoinDesk reported that computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s, and that its remaining miners must choose another provider before a Nov. 10 cutoff. Decrypt described the move as a retreat from mining infrastructure after six years, and Cointelegraph said Binance urged miners to move to alternative pools before the shutdown.
Why “Unverified”
- 4 independent sources (Cointelegraph, The Block, Decrypt, CoinDesk), but no primary confirmation
4 independent source groups across 4 posts · evidence score 96/100. How labels work
What the sources claim
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Binance said it will shut down its mining pool, cloud mining, and Pool Savings services on Nov. 10.
“Binance said it will shut down its mining pool, cloud mining, and Pool Savings services on Nov. 10.”
The Block -
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s.
“Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s.”
CoinDesk -
Binance will discontinue Binance Pool, Pool Savings, Cloud Mining, and other related services in a retreat from mining infrastructure.
“Binance will discontinue Binance Pool, Pool Savings, Cloud Mining, and other related services in a retreat from mining infrastructure.”
Decrypt -
Binance will discontinue its mining pool and related services on Nov. 10, urging miners to move to alternative pools before the shutdown.
“Binance will discontinue its mining pool and related services on Nov. 10, urging miners to move to alternative pools before the shutdown.”
Cointelegraph
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-15 10:40 UTC. Labels are computed from the sources, not by the model.