Binance Pool's hash rate dedicated to mining Litecoin has dropped by over 50% in the past seven months, with the platform currently allocating around 28 TH/s to the network. As a result, Binance Pool has lost its position as one of the dominant Litecoin mining pools, currently ranking 7th with a 3.6% share of the total hash rate. The cause of the drop in hash rate is unclear, but Binance is currently facing legal challenges in multiple countries, including the US. Despite the drop in rankings and hash rate, Binance Pool still plays a critical role in proof-of-work mining networks, including Bitcoin.