Day: December 24, 2022

Russian Parliament Postpones Adoption of Crypto Mining Bill – Mining Bitcoin News

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Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal in December. The bill is expected to set the rules for the extraction and sale of cryptocurrency in Russia amid sanctions limiting the country’s access to global finances and markets. Russia’s New Crypto Mining Legislation Is Yet to Be Fully Approved Members of the State Duma will review and vote on the draft law designed to legalize cryptocurrency mining in the Russian Federation in 2023, the head…

Public Bitcoin mining companies plagued with $4B of collective debt

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The recent bankruptcy filing of Bitcoin (BTC) miner Core Scientific despite a $72M relief offer from creditors raised questions about the overall health of the bitcoin mining community amid a prolonged bear market. Turns out, the public bitcoin miners owe more than $4 billion in liabilities and require an immediate restructuring to get out of the unsustainably high debt levels. The Bitcoin mining community took up massive loans during the 2021 bull market, negatively impacting their bottom lines during a subsequent bear market. Bitcoin mining data analytics by Hashrate Index…

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Crypto Investing In 2023: Snowfall Protocol (SNW) Price Shows High-profit Potential Over Binance Coin (BNB) And Solana (SOL)

Place/Date: – December 24th, 2022 at 7:46 am UTC · 3 min read Source: Snowfall Protocol As Snowfall Protocol continues to defy the bears and boast a successful presale campaign, analysts and investors alike can’t help but compare the new market player to seasoned titans like Binance Coin (BNB) and Solana (SOL). Snowfall’s first stop on its way to the top is outperforming Binance Coin (BNB) and Solana (SOL) in 2023. While this is a challenging task, Snowfall’s recent performance has shown that it is more than capable of completing…

⚠️ XRP Will Lose Lawsuit On December 15?! (Watch Before Judging) Rumors Pumping! Crypto News Today!

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Samsung Is Investing More Than $35 Million in Latam-Focused Metaverse Initiatives – Metaverse Bitcoin News

Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to help the brand attract and connect with younger audiences, as part of its digital push and growth marketing strategy. Samsung’s Metaverse Push in Latam Many companies have started to put their products and their brands in the metaverse, considering it an important part of their marketing strategy. Samsung, one of the biggest electronics companies in the world, has recently revealed…

Judge pulls out of SBF-FTX case citing husband’s law firm’s advisory link

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The ongoing legal proceedings around former FTX CEO Sam Bankman-Fried (SBF) took a new turn as District Judge Ronnie Abrams withdrew her participation from the case. The United States District Court for the Southern District of New York rescued itself from the FTX case after revealing that a law firm — which employs Abrams’ husband as a partner — had advised the crypto exchange in 2021. In a Dec. 23 filing, Judge Abrams revealed that her husband, Greg Andres, is a partner at Davis Polk & Wardwell, a law firm…

Bank of England’s Cunliffe Pushes for Crypto Regulation — Sees ‘Real’ Benefits for UK – Regulation Bitcoin News

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Bank of England Deputy Governor Sir Jon Cunliffe has revealed that the British central bank is planning to step up its efforts to regulate cryptocurrency trading with new laws. “We should think about regulation before it becomes integrated with the financial system and before we could have a potential systemic problem,” he stressed. Sir Jon Cunliffe on Crypto Regulation Sir Jon Cunliffe, Bank of England (BOE)’s deputy governor for financial stability, talked about cryptocurrency in an interview with Sky News Thursday. He explained that the British central bank plans to…

My 31++Mh/s RTX 2060 Overclock & Undervolt Settings for Mining 2021

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How you can easily get 31++ MH/s for your RTX 2060 graphic card when applying my overclocking and undervolt settings in 2021. I’m using MSI afterburner in this video to be able to overclock and undervolt my card. We do this to get higher hashrate and lower power consumption when we mining cryptocurrency. Disclaimer: I only show you what setting I have for my GPUs, that works fine for me. You change your overclocking setting at your own risk. Also, check out…