Flexpool Halts Services in Russia Amid Ongoing Conflict with Ukraine

The Russian invasion of Ukraine is proving to have more consequences than can be imagined, as Flexpool, the world’s 5th largest Ethereum mining pool, has cut its services to Russian users. This decision by Flexpool, a Multi-Coin mining pool, has ceased all services to Russia as per a recent Reddit post from the firm.

Flexpool, the Ethereum mining operation, has announced that it has halted services to Russia entirely. The fifth-largest Ethereum mining pool – Flexpool – announced it will no longer provide services to customers in Russia. By doing so, the entity opposed Putin’s actions. The mining pool Flexpool is the world’s fifth-biggest ETH mining pool became possible the first of the kind to cut services to Russian users after the country’s invasion of Ukraine.

Flexpool, the 5 th ranked Ethereum mining pool in the world has announced that it is cutting ties with its Russian miners, a move targeted at making sure that they are not inadvertently supporting the conflict. It has been reported that with the conflict between Russia and Ukraine escalating, Flexpool stops services in Russia due to ongoing war with Ukraine. Following this announcement, Ethereum saw a gain of 6 per cent, while Shiba Inu was up 4 per cent.

This action by Flexpool underscores the growing international pressure on Russia in response to the war in Ukraine.