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Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%

Co
CoinDesk
By Shaurya Malwa
10/15/2026, 4:13:56 AM
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Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
EXECUTIVE SUMMARY

Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov. 10 cutoff.

Key Takeaways

  • Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%.
  • Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s.
  • Its remaining miners must choose another provider before a Nov.

Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov. 10 cutoff.

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