Tech

Nvidia accidentally releases driver to un-nerf cryptocurrency mining

Enlarge (credit: Aurich Lawson | Getty Images) When the value of cryptocurrencies soared back in 2017, it created a huge shortage of graphics cards, as the parallel processing capabilities of a graphics card makes it ideal for mining cryptocurrencies like Ethereum (but not bitcoin). That created a financial windfall for the leading graphics card makers, […]

Tech

Report: Indian government is planning outright ban on cryptocurrency

Enlarge / Indian Prime Minister Narendra Modi. (credit: T. Narayan/Bloomberg via Getty Images) The government of India is planning to introduce legislation banning cryptocurrency, Reuters reports. The law would impose fines on anyone who trades, mines, or even holds cryptocurrency. The government has a comfortable majority in parliament, giving the proposal a good shot at […]

Tech

SEC halts trading of iced tea company that pivoted to blockchain

Enlarge (credit: Lipton / Timothy B. Lee) Back in 2017, we reported on the bizarre story of the Long Island Iced Tea Company rebranding itself as the Long Blockchain Corp. This happened at the peak of the last big blockchain boom, with bitcoin’s price approaching $20,000 and dubious initial coin offerings raising millions of dollars. […]