AMD Won’t Restrict Crypto Miners From Using Its Graphic Cards
Major chipmaker Advanced Micro Devices (AMD) keeps making headlines amid the battle between crypto miners and PC gamers. Now, the company seems to have made a step forward to become friendlier to those with crypto mining purposes. AMD Doesn’t Want to Follow Nvidia’s Path According to a PC Gamer report, citing a product manager from AMD, the chipmaker has zero intentions to block crypto mining operations on its devices. “The short answer is no,” said Nish Neelalojanan, a product manager of the firm. Crypto miners were concerned about AMD’s possibility of....
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A major chipmaker keeps making efforts to calm down the gaming community’s anger toward cryptocurrency miners who are taking the lead in buying graphic cards massively, boosting its prices. Nvidia has announced that it will deliberately limit the capabilities for some of its newly graphic cards to keep a balanced inventory for gamers. Cards With Limited Hashrate Will Be the Ones Shipped Starting May According to the announcement published by the chipmaking giant, the measure will reduce the ethereum (ETH) hashrate to Geforce RTX 3080, RTX 3070, and RTX 3060 Ti graphics cards. The....
The exploit reportedly unlocks up to 70% of the original graphic card mining power. The team behind mining software NBMiner claim to have partially cracked Nvidia’s anti-mining limitations.Back in June Nvidia implemented an algorithm called Lite Hash Rate, or LHR, on all graphics cards from its RTX 30 series in an attempt to curb crypto mining. The limiter works on both the BIOS and driver level detecting mining algorithms and drastically reducing its mining power by up to 50% of its original capability. At the time, the company claimed that miners were disrupting its supply chain,....
With Ether sinking below $2,000, the price of graphics cards has seen a further decline from June to July. Graphics processing units (GPUs) have become a little cheaper in July amid a continued downtrend in the price of Ether (ETH).According to a review by TechSpot, GPU prices across popular graphics cards are slightly lower in July than they were in June.The lower prices in July are a continuation of the steady decline in GPU prices since the onset of the current crypto market downturn.Indeed, with ETH tanking from over $4,000 in May to below $2,000, mining profitability has also tapered....
Bitcoin miners long ago moved up from GPU mining to ASIC mining in response to algorithm difficulty. But GPU mining still gets the job done for Litecoin’s algorithm, and a number of outlets are reporting a shortage of Radeon GPU graphic cards. This could be coincidence, or there could be a real correlation. The Litecoin mining has taken off in recent months, with the currency’s hashrate doubling in the last month. It’s hashing difficulty followed suit. Still, that hashrate is perfectly suitable for GPU mining (the ease of mining is one of Litecoin’s differentiating factors, after all), and....
Manufacturers restrict mining of cryptocurrencies due to a shortage of GPU cards: Will this lead to the end of mining as we know it? After an exceptional start to the year, the crypto market entered a bearish period in mid-May, causing some to reevaluate their stance on some of the fundamentals surrounding the crypto industry.The prolonged fall of Bitcoin (BTC) — by more than 50% — and the subsequent dip in mining difficulty by 16%, which are suspected to have been partially caused by news of China’s intention to take tough measures against crypto mining and trading, as well as Tesla’s....