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....
Related News
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 […]
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 […]
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 […]
The global head of GeForce marketing at Nvidia said that the reduced hash rate "only applies to newly manufactured cards," not to GPUs already purchased. Graphics card giant Nvidia said that the hash rate limiter on its RTX 3060 graphics cards would also be introduced in other RTX 30 series GPUs in an attempt to disincentivize crypto miners.In an announcement from Nvidia on Tuesday, the company said it would be applying a reduced Ethereum hash rate to its newly manufactured GeForce RTX 3080, RTX 3070 and RTX 3060 Ti graphics cards. The models will be identified by a “Lite Hash Rate,” or....
The Nvidia GTX 750 Ti has come up trumps in a comparison of mining GPUs. Just when we all thought that AMD is king of the hill, along comes a Nvidia contender powered by their heavily plugged Maxwell chip - and knocks the R7 for 1st place. A recent comparison test done by Tom's Hardware reveals the facts: More Speed For Less Power. The GeForce GTX 750 Ti achieves 245 kh/s which is almost 40 kh/s faster than its nearest AMD rival, the R7 260 X which outputs 206 kh/s. The GTX 750 Ti achieves the hash rate by consuming only 60W of power compared to the R7 260 X's 130W. Although the Nvidia....