Bitcoin● Neutral

Binance's bitcoin mining pool nearly drops out of rankings before November 10 shutdown

TradingGain Newsroom·6h ago·09 Nov 2026, 04:54 UTC

Binance's bitcoin mining pool found just one block in a week, and it has almost disappeared from Bitcoin's block-production rankings. The pool is scheduled to close on November 10. For traders, this is a sign that one exchange's mining operation is shrinking, though it is unlikely to move the wider market on its own.

BTCAt the time of writing, Bitcoin traded at $74,784 (-1.38% in 24h).Live price →

Why it matters

The pool found only one block in a week, a sharp drop for a once significant operation.
It has nearly left Bitcoin's block-production rankings.
The planned November 10 closure means its role in mining will end soon.

What to watch next

Watch whether the pool closes on schedule on November 10 and whether any other mining pools gain share of blocks afterward.

BTCLive chartOpen full chart →

This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗

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