Daily Archives: 01/04/2021

Ethereum Miners Bypass Nvidia’s Limitations For RTX 3060 Graphics Cards

One of the Ethereum miners was able to finally eliminate the software hashrate restrictions set by Nvidia and launch a farm of seven GeForce RTX 3060 video cards. In February, GPU maker Nvidia announced that it would release a custom driver that would halve the hashrate of RTX 3060 graphics cards, to around 21 MH / s. This was done to reduce the demand of miners for such video cards in order to keep them…

FCA obliged cryptocurrency firms to report money laundering risks

The UK Financial Conduct Authority (FCA) has mandated cryptocurrency firms to provide annual reporting on the potential risks of financial crime associated with cryptoassets. UK financial institutions have been required to report suspicious transactions annually since 2016. However, in August, the regulator suggested that cryptocurrency firms provide additional reporting on possible money laundering risks, regardless of their annual revenue. Previously, only 2,500 of the 22,000 firms controlled by the FCA had to provide such information.…