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

CoinDesk·October 15, 2026·1 min read
Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%

Binance Pool's hashrate has fallen 65% from 26 EH/s in December to about 9 EH/s, prompting the mining pool to shut down. Remaining miners must choose another provider before a November 10 cutoff. The pool once handled 2.3% of the network's total hashrate.

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