unfortunately the country you live in can also throw you in jail.  if you consider citizenship fiat then it is indeed a fiat problem.  otherwise it is a problem with existing in the real world 

This is just sanctions on a fiat contract between a us company (compass mining) and a Russian company (bitriver). The news here is that fiat is not censorship resistant. 

shyfire

mining's Mt. Gox moment?

the people with miners in Compass facilities in RUS just got "Compassed"?

holzapfelbaum

that is why you have to be careful where you are mining, since politicians are bipolar

creativowinder

And this is exactly what needs to be counted as overhead in maintaining mines... 

At Bitcoin 2022 I was surprised that all the various companies offering me some mining products did not include this type of risk into their price calculations.

nout

> 6 months ago I would have said hashrate growth upper boundary constraint was foundry capacity, now it looks like it's going to be miners ability to stay plugged in (regulatory stability, energy pricing, contract terms).

https://twitter.com/cbspears/status/1517206432831225863


Here's a post here on SN about the sanctions:

*Treasure department sanctions russian bitcoin miners*
https://stacker.news/items/21425
https://home.treasury.gov/news/press-releases/jy0731

BTCMiner

Well if there is a head to cut off big govt will def find it....sucks for everyone that got Got....It's already a tad shady not hosting the miner yourself...now this kind of stuff happens makes one think of ways to avoid that and becoming that much more sovereign.