Binance to close Bitcoin mining pool on Nov. 10 after hashrate drops 65%

AI-generated briefing · First published

Binance Pool will shut down Nov. 10 after its hashrate fell from 26 EH/s to about 9 EH/s.

Binance is closing its Bitcoin mining pool on Nov. 10 after computing power directed at the service fell from 26 EH/s in December to about 9 EH/s, a drop of roughly 65%. [1] [2]

Miners have until the Nov. 10 cutoff to switch providers; the pool page will disappear on Nov. 24. [1] [2]

Sources

  1. Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%

    CoinDesk · · Summary only

  2. 曾处理全网2.3%算力的比特币矿池在算力下降65%后关闭

    Sina Finance · · Full text

Link to this briefing · Back to AI News

Continue reading