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Bitcoin Mining Pools Consolidate

Pressure on miner revenue keeps squeezing mid-sized and exchange-run mining pools out of the market, concentrating control over bitcoin block templates among a few large operators unless miner-built templates gain adoption.

forming · confidence 40 · Emerging (watchlist) · tracking since October 15, 2026 · updated October 15, 2026

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Why the conviction moved

  • Oct 15
    Strengthened +5

    Binance Pool will close after its hashrate fell 65%, from 26 EH/s in December to about 9 EH/s. Its miners must move to another pool by November 10. An exchange-run pool exiting moves more block-template control to the remaining large operators.

Source trail

  • Supporting · October 15, 2026

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

    Binance Pool will close after its hashrate fell 65%, from 26 EH/s in December to about 9 EH/s. Its miners must move to another pool by November 10. An exchange-run pool exiting moves more block-template control to the remaining large operators.

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Affected regions & assets

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