THE TERMS: ITS BITCOIN One of the largest crypto exchanges in the world is leaving Bitcoin mining operations. Binance must be stopped permanently: BINANCE POOL: NoVremember 10 - 7 UTC The shutdown also covers: • Spam saving - Cloud Mining - Accelerator - Mining Pool APIs - Shutdown Warnings - Stratum endpoints Miners still connected after the cut will no longer have their shares: ACCEPTED or CREDITED Binance told users to redirect their mining machines to another board before the deadline. The shutdown comes after Binance Pool's computing power dropped sharply. The report dropped from 26 EH/s in December to around: 9.2 EH/s in October. Important: The closing of the pool does not mean that the mining machines are gone from Bitcoin. Miners can simply redirect their incitement to another pool. The shutdown does not change the Bitcoin consensus rules. The bigger question is concentration. As smaller pools disappear, more Bitcoin block production can migrate toward the largest remaining operators. Mining is decentralized at the machine level. Pool infrastructure is still important. @BitcoinNews.

THE TERMS: ITS BITCOIN One of the largest crypto exchanges in the world is leaving Bitcoin mining operations. Binance must be stopped permanently: BINANCE POOL: NoVremember 10 - 7 UTC The shutdown also covers: • Spam saving - Cloud Mining - Accelerator - Mining Pool APIs - Shutdown Warnings - Stratum endpoints Miners still connected after the cut will no longer have their shares: ACCEPTED or CREDITED Binance told users to redirect their mining machines to another board before the deadline. The shutdown comes after Binance Pool's computing power dropped sharply. The report dropped from 26 EH/s in December to around: 9.2 EH/s in October. Important: The closing of the pool does not mean that the mining machines are gone from Bitcoin. Miners can simply redirect their incitement to another pool. The shutdown does not change the Bitcoin consensus rules. The bigger question is concentration. As smaller pools disappear, more Bitcoin block production can migrate toward the largest remaining operators. Mining is decentralized at the machine level. Pool infrastructure is still important. @BitcoinNews.