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#Binance Pool

6 Stories Found
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Binance Bitcoin Mining Pool Finds Just One Block in a Week as Shutdown Nears
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Binance Bitcoin Mining Pool Finds Just One Block in a Week as Shutdown Nears

Key Highlights Binance Pool mined only one Bitcoin block over a seven-day period, accounting for a mere 0.11% of the network’s production. The sharp drop in hash rate precedes the mining pool’s scheduled permanent shutdown on November 10. Binance will terminate all associated services at 07:00 UTC Tuesday, including block rewards, cloud mining, pool savings, ...

Key Economic Developments and Altcoin Events This Week: Day-by-Day and Hour-by-Hour Schedule
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Key Economic Developments and Altcoin Events This Week: Day-by-Day and Hour-by-Hour Schedule

Key Highlights: Key macro releases include the U.S. Consumer Price Index (CPI), Producer Price Index (PPI), Eurozone GDP data, and multiple speeches from Federal Reserve and European Central Bank officials. Major corporate and institutional decisions loom as MSCI releases its list of potential index exclusions affecting Bitcoin treasury holders, while Binance sunsets its mining pool ...

Binance Pool to Shut Down on November 10, Record Access Ending Two Weeks Later
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Binance Pool to Shut Down on November 10, Record Access Ending Two Weeks Later

Key Highlights: Binance Pool has outlined closing procedures for participants, ensuring eligible mining shares submitted prior to the cutoff qualify for final reward distribution. Users holding active Pool Savings positions must unsubscribe or redeem balances, with standard transfers taking up to one business day and up to 90 days under exceptional circumstances. Account readiness and ...

Bitcoin Mining Pool That Controlled 2.3% of Network Shuts Down After 65% Hashrate Drop
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Bitcoin Mining Pool That Controlled 2.3% of Network Shuts Down After 65% Hashrate Drop

Key Highlights: Binance has announced the shutdown of its mining pool services, giving miners approximately four weeks to redirect their hash power to alternative platforms. Binance Pool pages will be permanently taken offline on November 24, with users required to finalize payouts, complete identity checks, and redeem Pool Savings before specified cutoffs. The closure marks ...

Binance to Shut Down Mining Pool and Related Services on November 10
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Binance to Shut Down Mining Pool and Related Services on November 10

Key Highlights: Binance is terminating its mining pool services, disabling endpoints, and rejecting any subsequent hashrate submissions following the cutoff. Miners must redirect their rigs, redeem Pool Savings, and complete identity verification by 23:59 UTC on November 10 to receive remaining balances. Dedicated Binance Pool pages will close permanently at 07:00 UTC on November 24, ...

Binance to Discontinue Binance Pool Services on November 10
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Binance to Discontinue Binance Pool Services on November 10

Key Highlights: Binance has announced the upcoming closure of Binance Pool, cutting off mining connections at 10:00 AM on November 10. Following the deadline, users will be unable to submit new mining tasks or accumulate mining rewards through the platform. All related Binance Pool operations and services are scheduled to cease completely as of November ...