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Binance Pool found one Bitcoin block in the seven days covered by data from mempool.space, about 0.11% of roughly 925 blocks. The pool is scheduled to stop providing services on Nov. 10, after its computing power fell about 65% between December 2025 and October. One week of block discoveries cannot establish its precise remaining hashrate.
Binance Pool found one Bitcoin block over the seven-day period before the mining service is scheduled to shut down on Nov. 10. Data from mempool.space put that block at about 0.11% of roughly 925 blocks found across the network during the period, although short-term block counts do not reveal the pool’s exact remaining computing power.
The block identified as Binance Pool’s most recent was block 974,743, mined at 01:15 UTC on Nov. 6. It contained 1,353 transactions and paid approximately 3.134 BTC in total rewards, including transaction fees, according to the source report. Mempool.space data showed no Binance Pool block in the 24 hours covered by the report.
Binance said in an October announcement that it would disconnect miners at 07:00 UTC on Tuesday, Nov. 10. The shutdown ends the pool’s block-reward services as well as its cloud mining, pool savings and transaction accelerator, according to the announcement. Binance Pool launched in April 2020.
The pool’s computing power had already declined substantially. Data assessed by CoinDesk put its hashrate at about 26 exahashes per second in December 2025 and about 9.2 EH/s in October, a fall of roughly 65%. Those figures describe the reported period and do not establish how much computing power remains immediately before the shutdown.
Where Binance Miners May Go
The closure affects miners using Binance Pool’s services, but it does not necessarily mean their machines will stop operating. Independent miners can redirect their computing power to another pool without switching off or replacing their equipment. Their choices may influence how mining activity is distributed among providers after Binance’s service ends.
The report identifies Foundry USA, AntPool and F2Pool as major competing pools that already account for a substantial share of Bitcoin blocks. Some Binance users could move to those providers or select other services; the source does not establish how miners will divide their computing power. The shutdown’s effect on pool-level block shares will depend on those decisions, not simply on Binance’s last week of block discoveries.
For readers tracking Bitcoin mining, the distinction matters: a pool coordinates work for independent miners, rather than representing a single set of machines that must all cease operating when its service closes. Binance’s exit may shift where those machines contribute computing power, while the network continues producing blocks through other participants.
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A Decline Before the Closure
Binance launched its Bitcoin mining pool in April 2020. The source report says the pool once handled more than 2% of Bitcoin’s network computing power; a related CoinDesk report described its earlier share as 2.3%. The more recent hashrate estimates show a marked decline before the announced shutdown, from about 26 EH/s in December 2025 to about 9.2 EH/s in October.
Mining pools combine computing power contributed by separate miners. They coordinate that work and share proceeds according to their arrangements, while each miner can choose a different pool. A pool’s share of blocks found can change over short periods because block discoveries fluctuate randomly. That makes a seven-day tally a record of observed results, not a precise measurement of underlying computing capacity.
Binance’s October notice set a specific end time for its services. The report’s one-block tally arrives immediately before that deadline, but the figures do not show that the low block count itself caused the shutdown. The available material gives the schedule and the decline in reported hashrate, without attributing Binance’s decision to a specific reason.
“Binance Pool produced one of roughly 925 Bitcoin blocks over the seven-day observation period, giving it a share of about 0.11%.”
— CoinDesk, citing mempool.space data
What the Block Count Cannot Show
The one-block result does not establish Binance Pool’s exact hashrate at the end of the reporting period. Block discovery varies, and a short sample can differ from the share suggested by a pool’s underlying computing power. The October estimate of about 9.2 EH/s is a separate, earlier measure; the source does not provide a comparable figure for Nov. 9.
It is also not clear from the available information how many miners will move to other pools, which services they will choose, or how quickly any computing power will be reassigned. The report does not give a breakdown of affected customers or the terms of any migration. Binance’s stated shutdown time is reported, but whether every service will cease precisely on schedule is not independently confirmed in the supplied material.
Shutdown and Miner Reassignment
The next stated milestone is 07:00 UTC on Nov. 10, when Binance said it would disconnect miners and end the listed pool services. After the closure, the key development to watch is whether former Binance Pool participants redirect their machines to other providers and whether that appears in later pool-level block data.
Any change in competitor shares should be interpreted over a suitable period rather than from a single day or week. The source material does not specify a further Binance announcement or a timetable for reporting post-shutdown results.
Key Questions
How many Bitcoin blocks did Binance Pool find?
It found one block in the seven-day period covered by mempool.space data, compared with roughly 925 blocks across the network in that period.
When is Binance Pool scheduled to shut down?
Binance said it would disconnect miners at 07:00 UTC on Nov. 10, 2026, ending block-reward services, cloud mining, pool savings and its transaction accelerator.
Does one block in a week prove Binance Pool has almost no computing power left?
No. Block discoveries fluctuate randomly, so a seven-day count cannot establish the pool’s exact remaining hashrate. The reported October estimate was about 9.2 EH/s, but the source does not provide a matching estimate for Nov. 9.
Will Binance Pool’s shutdown stop its miners’ machines?
Not necessarily. Miners can redirect their computing power to another pool without shutting down their machines. The source does not say how many will move or which pools they will choose.
How much had Binance Pool’s reported hashrate fallen?
CoinDesk assessed the pool’s computing power at about 26 EH/s in December 2025 and about 9.2 EH/s in October, a reported decline of roughly 65% over that period.
Source: coindesk.com
