diff --git a/lib/net/pool.js b/lib/net/pool.js
index c6155fcc..040a9426 100644
--- a/lib/net/pool.js
+++ b/lib/net/pool.js
@@ -228,8 +228,8 @@ Pool.prototype._open = co(function* _open() {
 
   this.logger.info('Pool loaded (maxpeers=%d).', this.options.maxOutbound);
 
-  if (this.identityKey) {
-    key = ec.publicKeyCreate(this.identityKey, true);
+  if (this.options.bip150) {
+    key = ec.publicKeyCreate(this.options.identityKey, true);
     this.logger.info('Identity public key: %s.', key.toString('hex'));
     this.logger.info('Identity address: %s.', BIP150.address(key));
   }