Binance Pool Mines One Bitcoin Block in a Week Ahead of November 10 Shutdown

Binance Pool produced one Bitcoin block during the latest seven-day observation period, according to data from mempool.space. That equates to about 0.11% of roughly 925 blocks mined across the Bitcoin network in the same period.

The pool’s latest identified block was 974,743, mined on November 6, 2026 at 01:15:54 UTC. The limited recent block output comes shortly before Binance’s scheduled discontinuation of Binance Pool and related services.

Binance has said the pool and related services will end at 07:00 UTC on November 10, 2026. The announcement sets a defined end date for the mining operation.

Block production over a short period can vary because of the probabilistic nature of Bitcoin mining. Still, the latest seven-day data shows Binance Pool represented a small share of observed network block production ahead of the scheduled shutdown.

Latest block data shows a small network share

Mempool.space’s mining dashboard recorded approximately 925 Bitcoin blocks over the latest seven-day window, with Binance Pool credited for one. On that basis, the pool’s share of block production was about 0.11%.

The pool page identifies block 974,743 as Binance Pool’s latest block. It was mined on November 6, four days before the announced service discontinuation date.

• Latest identified Binance Pool block: 974,743
• Block timestamp: November 6, 2026, 01:15:54 UTC
• Latest seven-day output: one block
• Approximate share of about 925 network blocks: 0.11%

Binance Pool services are scheduled to end

Binance announced on October 13 that it would discontinue Binance Pool and related services at 07:00 UTC on November 10, 2026. The company’s announcement did not change the stated closure time in the supplied evidence.

The scheduled discontinuation means the mining-pool data reflects activity in the final days before the service is set to end. The evidence does not state why Binance is closing the pool or what will happen to miners after the shutdown.

Reported computing power had declined

CoinDesk reported that Binance Pool’s computing power fell from approximately 26 EH/s in December 2025 to about 9.2 EH/s in October 2026. This reported decline provides context for the pool’s reduced presence, though hash rate and short-term block discoveries are not the same measure.

Bitcoin mining output can fluctuate over brief intervals even when a pool’s computing power remains stable. The one-block result is therefore an observation of the latest seven-day period, rather than a standalone measure of long-term performance.

For broader context on changes in mining infrastructure, see the related coverage on Bitcoin miners becoming AI data centers and on Bitcoin mining consolidation.

Continue reading: Bitcoin miners becoming AI data centers on BTCNews.

Continue reading: Bitcoin mining consolidation on BTCNews.

Sources

• CoinDesk: Binance's bitcoin mining pool finds just one block in a week as shutdown nears
• mempool.space: Mining Dashboard
• mempool.space: Mining Pool: Binance Pool
• mempool.space: Bitcoin Block 974743
• Binance: Binance to Discontinue Binance Pool and Related Services on 2026-11-10

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