Binance Pool's mining operations have nearly vanished ahead of its November 10 closure, with the pool finding only one block in the last week as its hashrate fell 65% since December 2025.
Binance Pool found only 1 of roughly 925 blocks (~0.11%) ahead of its Nov 10 shutdown, after its hashrate fell about 65% from December 2025 to October. Its exit merely redistributes mining power to other pools like Foundry USA, AntPool and F2Pool; miners move machines without stopping them, so the network hashrate and Bitcoin's price outlook are essentially unchanged.
Binance Pool has seen its Bitcoin block production dwindle to just one block over the past week, representing roughly 0.11% of the network. This decline follows a 65% drop in the pool's computing power between December 2025 and October. The exchange is set to officially terminate its mining pool services on November 10, with miners expected to migrate their hardware to other major providers.