According to Decrypt, Binance will discontinue its Bitcoin mining pool and associated services, including Pool, Pool Savings, Cloud Mining, and other related offerings. The change reflects a strategic retreat from maintaining dedicated mining infrastructure for Bitcoin.
The decision follows six years of operation for Binance’s mining-related platforms. No timeline beyond discontinuation was provided by Binance in the report. The services cited—Binance Pool, Pool Savings, and Cloud Mining—are being phased out as part of this shift.
