Tech News

NVIDIA expands cryptocurrency mining restrictions

Pinterest LinkedIn Tumblr

Nvidia is expanding its cryptocurrency mining restrictions to the newly manufactured GeForce RTX 3080, GeForce RTX 3070 and GeForce RTX 3060 Ti graphics cards.

After lowering hash rates for the GeForce RTX 3060 card it launched in February, Nvidia has now begun naming new cards an LHR identifier to inform potential customers that the cards will be restricted for mining.

And theShe said Company: This reduced hash rate only applies to newly manufactured cards with the LHR ID and not to cards already purchased.

She added: We believe this additional step makes more GeForce cards more affordable for gamers everywhere.

The new GeForce RTX 3080, GeForce RTX 3070 and GeForce RTX 3060 Ti graphics cards begin shipping later this month, and the LHR ID is being shown in retail product listings and across the box.

Nvidia originally began limiting hash with the GeForce RTX 3060, and the company has committed to not restricting the performance of previously sold GPUs.

While Nvidia tried to limit mining with the GeForce RTX 3060, it accidentally released a beta driver that nullified the hash rates and increased performance.

Restrictions have been re-imposed with newer drivers, but trial drivers are now commonplace.

Nvidia’s new LHR cards are part of a wider effort to make the latest 30-series GPUs less acceptable to cryptocurrency miners.

PC gamers have tried and failed to get new graphics cards for several months due to a major shortage of supply, and cryptocurrency miners have been blamed.

Nvidia offers a separate CMP processor for mining Ethereum instead, and these cards have the best mining performance and efficiency, but they won’t handle graphics at all.

Nvidia’s new move raises prices for existing 30-series GPUs that do not have these restrictions.

It also likely means that the GeForce RTX 3080 Ti – this card is expected to be announced later this month – may have restrictions that prevent cryptocurrency mining.

Topics of interest to the reader

Have an article/sponsored post to share? Whatsapp: +2348129656985.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Pin It