FINNENCE ▪ THE WIRE FILE
THE WIRE · № 81356
News▼ Bearish
Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
KINDNews
DIRECTION▼ Bearish
SOURCES1
ENTITIES3
STORY SIZESTANDALONE
FIRST SEEN
LAST UPDATE
STATEactive
01 THE MACHINE READ
WHY IT MATTERS.
A pool losing 65% of hashrate and shutting forces miners to migrate, a sign of mining economics stress that can weigh on bitcoin sentiment.
Mining consolidation signals stress in bitcoin economics
CATALYST TO WATCH
Nov 10 cutoff and hashrate redistribution
MAIN RISK
Hashrate could simply shift to other pools
FULL DISPATCH
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.
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
→CORRELATIONshares Bitcoin, Crypto
Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide2026-10-15 04:25 UTC
Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide2026-10-15 04:25 UTC
←CORRELATIONshares BTC-USD
Strive(@Strive) bought another 3,311 $BTC ($276M) at $84,500 last week. In less than 2 months, Strive has bought a total of 11,417 $BTC ($952M) at an average price of $82,281.2026-10-14 06:43 UTC
Strive(@Strive) bought another 3,311 $BTC ($276M) at $84,500 last week. In less than 2 months, Strive has bought a total of 11,417 $BTC ($952M) at an average price of $82,281.2026-10-14 06:43 UTC
←CORRELATIONshares BTC-USD
Strive(@Strive) bought another 2,822 $BTC ($235M) at $83,266 over the past 2 days. In less than 2 months, Strive has bought a total of 14,239 $BTC ($1.17B) at an average price of $82,476.2026-10-14 12:27 UTC
Strive(@Strive) bought another 2,822 $BTC ($235M) at $83,266 over the past 2 days. In less than 2 months, Strive has bought a total of 14,239 $BTC ($1.17B) at an average price of $82,476.2026-10-14 12:27 UTC
←CORRELATIONshares BTC-USD, Bitcoin
Oct 14 Update: Bitcoin ETFs: 1D NetFlow: +2,033 $BTC(+$167.62M)🟢 7D NetFlow: -7,502 $BTC(-$618.43M)🔴 Ethereum ETFs: 1D NetFlow: -674 $ETH(-$1.66M)🔴 7D NetFlow: -142,133 $ETH(-$350.36M)🔴2026-10-14 13:24 UTC
Oct 14 Update: Bitcoin ETFs: 1D NetFlow: +2,033 $BTC(+$167.62M)🟢 7D NetFlow: -7,502 $BTC(-$618.43M)🔴 Ethereum ETFs: 1D NetFlow: -674 $ETH(-$1.66M)🔴 7D NetFlow: -142,133 $ETH(-$350.36M)🔴2026-10-14 13:24 UTC
←CORRELATIONshares BTC-USD
🚨 🚨 🚨 613 $BTC (50,223,005 USD) transferred from unknown wallet to Coinbase Institutional2026-10-14 14:46 UTC
🚨 🚨 🚨 613 $BTC (50,223,005 USD) transferred from unknown wallet to Coinbase Institutional2026-10-14 14:46 UTC
←CORRELATIONshares BTC-USD
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 2,878 $BTC (235,233,989 USD) transferred from unknown wallet to unknown wallet2026-10-14 15:53 UTC
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 2,878 $BTC (235,233,989 USD) transferred from unknown wallet to unknown wallet2026-10-14 15:53 UTC
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Summaries are generated and may contain errors — every claim links its sources.