Flexpool stops working with users from Russia – Bits Media

The large mining pool of the Ethereum Flexpool announced the termination of working with users with Russian IP addresses. This is due to the military operation of the Russian troops in the Donbass.

In the Reddit forum, representatives of Flexpool.io apologized to those miners, which do not support the policy of the Russian authorities, and stressed, that they do not even want to indirectly make a profit from hostilities or finance the operation. Therefore, the leadership of the pool decided to completely stop working with miners with Russian IP addresses. All funds in the accounts of these users will be transferred to their wallets.

“Many of you do not support this war. But still you support your nation. Without people, Russia could not act like that. Reducing the economic power of Russian citizens, we try to influence the war. Thank you for the loyalty and don't think, that it was a simple solution. If the situation is resolved peacefully, We will be happy to resume work with users from Russia ", - says in the statement by Flexpool.

Similar "achievement"
The cryptocurrency exchange of BTC-Alpha was noted, not only stopping working with Russian users, but also blocking your site from Russian IP addresses. However, These isolated cases do not change the overall picture in the industry. Most major exchanges did not make public statements, But their representatives confirmed, that the platforms remain outside the policy.

At the same time, Uit Gibbs (Whit Gibbs), CEO of Compass Mining, engaged in prey of bitcoin, He assured customers, that all mining farms, Located in Siberia, continue to work in normal mode without any problems. He stressed, that the equipment is "well isolated from any geopolitical unrest".

Earlier, the New York Times reported the opinion, that without digital assets of Russia do not survive US sanctions pressure.