NiceHash has recently announced that their latest QuickMiner (Excavator) cryptocurrency mining software is able to unlock 100% of performance for NVIDIA RTX 30-Series Lite Hash Rate (LHR) graphics cards except the RTX 3050 and RTX 3080 12 GB. The first NVIDIA LHR algorithm was inadvertently unlocked by NVIDIA themselves after non-LHR drivers were released before an updated LHR algorithm was introduced with the RTX 3060 that is now present on all RTX 30 cards except the RTX 3090. The NiceHash developers had previously announced an unlock mechanism to reach 70% mining performance in August 2021 before today announcing this complete unlock. This unlock has been independently verified by the Benchmark.pl team where they recorded hash rates with the RTX 3080 Ti of 117 MH/s up from 85 - 88 MH/s previously.

NiceHashWe are very excited to tell you that NiceHash QuickMiner (Excavator) is the first mining software to FULLY (100%) UNLOCK LHR cards!

Now you can earn more profits than any other mining software on the market if you are using LHR graphics cards with NiceHash QuickMiner. Support for NiceHash Miner is coming soon.

That sole title may make proponents of Bitcoin make waves of contentment, whereas those that are more skeptical of the cryptocurrency (or cryptocurrencies in general) will likely find themselves shaking their heads in dismay. Whether you're on one of those camps, or Bitcoin is just indifferent for you, the fact that a cryptocurrency has made its way to a bona fide exchange should likely mean one thing: Bitcoin's valuation is only ever more likely to increase now.

Futures trading is one of the wildest, less material forms of trading, since the actual property of the item whose futures you're investing into never becomes yours. Instead, futures trading is more akin to betting, where investors gauge the expected value of a product in the future. A futures trader may invest in the price of rice in China, the expected value of shares for a given company, the value of a fiat currency... And now, the value of bitcoin. Usually, the best futures traders make their decisions based on actual real world data that might affect their investment. The thing here that might propel Bitcoin's value upwards, is that we're already seeing the effect this futures trading has brought upon Bitcoin. Remember that Nicehash hack that resulted in the theft of a puny $68M? Well, historically, hacks in cryptocurrencies have brought about plummeting value, as investors knee-jerk and cash-out before the same can happen to them (among other variables). However, the hype from Bitcoin being traded in an exchange has been so great in the past few weeks that the Nicehash hack didn't register as so much as a blip in Bitcoin's value, in the grand scheme of things. It's just kept on increasing.

Another high-profile hack has hit Bitcoin, as cryptocurrency mining pool Nicehash has confirmed that they've suffered a hack which has rendered users' wallets with the service to be emptied. The heist, currently valued at more than $68M, transferred 4,736.4281 BTC in total to the unknown party's (the perpetrator's, almost certainly) wallet. A single transaction of 4,655.25349748 BTC was the most high-profile one to take place, and has left Nicehash users in the cold.

In a post on Reddit, Nicehash representatives confirmed the heist, stating that "Unfortunately, there has been a security breach involving NiceHash website. We are currently investigating the nature of the incident and, as a result, we are stopping all operations for the next 24 hours. Importantly, our payment system was compromised and the contents of the NiceHash Bitcoin wallet have been stolen. We are working to verify the precise number of BTC taken."