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#hashrate

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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 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 ...