Nvidia Ethereum Mining GPUs Underperformed in Q2, Reveals Financial Report

Nvidia Ethereum Mining GPUs Underperformed in Q2, Reveals Financial Report

According to Nvidia’s Q2 earnings report, Ethereum mining GPUs didn’t perform up to expectations. And that’s despite the company noticing a record 68% increase in total revenues. Nvidia Q2 Revenue Surges 68%, While Crypto Mining Cards Underperform Nvidia has announced the financial report for second quarter of fiscal year 2022. As per the report, the […]


Related News

Nvidia’s LHR Effort To Stop Ethereum Miners Was A Failure, Reveals Report

A report reveals that Nvidia’s efforts to stave off Ethereum miners from using their GPUs for mining was apparently a failure. Nvidia’s LHR Couldn’t Stop Miners From Mining Ethereum As per a report from PCMag, it seems Nvidia’s LHR-version graphics cards weren’t sufficient to hold off miners from mining ETH on them. The “Lite Hash […]

How This Ethereum Mining Bypass For Nvidia GPUs Came On Sale

Per a report from PcMag, a group of hackers is attempting to sell information that will enable users to unlock the Ethereum mining limiter on Nvidia GPUs. The bad actors allegedly stole close to 1 terabyte (TB) of data from the tech company in a ransomware attack. Related Reading | How Vitalik Buterin Will Use […]

Nvidia Limits the Efficiency of Mining Ether Using Its GPUs by 50%

Nvidia announced that it will start limiting the efficiency of mining ethereum or any other crypto using its new range of upcoming graphics processing units (GPUs). In a blog post published Feb. 19, the U.S. hardware maker said this limitation will feature first on its new Geforce RTX 3060 card, which is scheduled for release on Feb. 25. Nvidia revealed that the new GPU software drivers are designed to detect specific attributes of the ether (ETH) mining algorithm, and limit the hash rate, or cryptocurrency mining efficiency, by around 50%. However, the software won’t limit the....

Nvidia RTX 3060 GPUs Being Sold For As Low As $270 By Miners As China’s Crack...

Nvidia RTX 3060 GPUs are going for as low as $270 as crypto miners in China dump their cards on the used market amidst the nation’s Bitcoin crackdowns. Cheap Used Nvidia RTX GPUs Flood The Chinese Market As Miners Dump As China continues cracking down on Bitcoin and mining in the country, some miners have […]

Nvidia LHR Fully Unlocked: “NiceHash” Allows 100% Ethereum Hashrate On RTX GPUs

The NiceHash mining software has released an update that unlocks 100% Ethereum hashrate on Nvidia’s LHR RTX graphics cards. Ethereum Miners Can Now Completely Circumvent Nvidia’s LHR The “Lite Hash Rate” (LHR) is an updated version of the RTX graphics cards series that comes preinstalled with a limiter on the mining power. There was an […]