This is from the Rega DAC manual:
The optical system used for optical inputs 1&2 is nearing its
maximum at 192K. If you experience difficulties try the
following: Use a higher quality or shorter lead. When using
3.5mm jack outputs commonly found on computers and sound
cards etc. Try and use a mini Toslink optical 3.5mm
jack connector lead and avoid using a 3.5mm to full size
adaptor with a standard full size Toslink lead.
The optical system used for optical inputs 1&2 is nearing its
maximum at 192K. If you experience difficulties try the
following: Use a higher quality or shorter lead. When using
3.5mm jack outputs commonly found on computers and sound
cards etc. Try and use a mini Toslink optical 3.5mm
jack connector lead and avoid using a 3.5mm to full size
adaptor with a standard full size Toslink lead.