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FlexPool, one of the largest mining pools, stopped serving customers from Russia

FlexPool, one of the largest mining pools, stopped serving customers from Russia

Due to Russia's invasion of Ukraine, One of FlexPool's largest Ethereum digital coin mining pools announced that it has stopped serving Russian customers.  

As reported on their Reddit page, they have tried to avoid politics, despite personal insider opinions. After all, the company decided to stop serving Russian IP addresses and not help the Russians make a profit.

“We apologize to our Russian miners; many of you do not support the war. However, it is you who are supporting your nation. Without the people, Russia cannot operate. It is only through reducing the economic power of its people that we have a chance of affecting this war. We thank you for your loyalty, and I hope you understand that we do not make this decision lightly. Should this situation be resolved peacefully, we will happily welcome back all Russian miners and use our personal funds to make it up to you”, added FlexPool.    

We should note that the U.S. and several EU countries have recently imposed sanctions against Russia over its invasion of Ukraine. Meanwhile, The New York Times recently published an article stating that Russia could use cryptocurrency to blunt the force of US sanctions.

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