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REALITY CHECK | Binance Pulls Out of Bitcoin Mining After a 65% YoY Drop in HashRate

13 outlets reporting
Your call?
65%
hashrate YoY drop
$BTC
$80,921
-2.9%
$BNB
$718.40
-3.2%

Binance will shut down its Bitcoin mining pool and related services on November 10 2026 following a sharp decline in the computing power directed to the platform as miners increasingly move their operations elsewhere. The cryptocurrency…

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