# Binance Pool Will Close After Its Bitcoin Hashrate Fell 65% Since December

The pool's computing power fell from 26 exahashes per second to about 9, and its remaining miners must move to another provider before a November 10 cutoff.

- Published: 2026-10-15T05:43:12.254Z
- Canonical: https://polylog.news/crypto/2026-10-15/binance-pool-will-close-after-its-bitcoin-hashrate-fell-65-s
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/10/15/bitcoin-mining-pool-once-handling-2-3-of-network-shuts-after-hashrate-falls-65), [Polylog editors](https://polylog.news)

Binance is shutting down its bitcoin mining pool. The pool once handled 2.3% of the network's computing power, CoinDesk reports. Its hashrate, the computing power miners direct at it, fell from 26 exahashes per second (EH/s) in December to…

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