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Crypto mining platform NiceHash says it developed workaround to Nvidia hash rate limiter

NiceHash, a cryptocurrency mining software company, tweeted on Saturday that its new software could fully unlock Nvidia’s light hashrate (LHR) mining limiter on some graphics cards for mining ethereum. Last May, computing hardware maker Nvidia reduced the possible hash rate production of its GeForce graphics cards to discourage their use for mining, The Block reported at the time. Prices for graphics cards have been on a steady decline since at least the beginning of the year. The problem was that …

GPU maker NVIDIA settles with the SEC over crypto mining disclosure issues

Computing hardware maker NVIDIA has settled with the Securities and Exchange Commission (SEC) for $5.5 million over alleged “inadequate disclosures concerning the impact of cryptomining on the company’s gaming business.” The SEC announced the news today, saying that its order found that the company failed to disclose mining as a significant element of its revenue growth. During consecutive quarters in fiscal year 2018, the company did not disclose that crypto mining was a main driver of the sale of its …