In order to ensure that gaming devices are readily available for customers, Nvidia has reduced the total hash rate of new cards capable of mining for cryptocurrencies.
A business spokesperson has commented in the past that Nvidia’s priorities are to ensure that its cards find their way into the hands of gamers.
Nvidia Cuts Hashrate
It is uncertain whether the hashrate cuts would have an overall impact on the GPUs’ overall efficiency, although they will at least slow their mining performance down.
Nvidia has increased the cryptocurrency mining limits on the GeForce RTX 3080, RTX 3070, and RTX 3060 Ti graphics cards that were recently released.
Nvidia is beginning to mark new cards with a “Lite Hash Rate” or “LHR” identifier to let prospective customers that the cards would be limited for mining after nerfing the hash rates of the RTX 3060 for its February launch.
The LHR identifier will be shown in retail product lists and on the packaging for the latest RTX 3060 Ti, RTX 3070, and RTX 3080 players, which will begin shipping later this month.
Nvidia began hash limiting with the RTX 3060, and the company has also stated that it would not restrict the capacity of GPUs that have already been sold.
Nvidia mistakenly published a beta driver that enabled hash rates and improved efficiency when attempting to nerf mining with the RTX 3060. With more recent drivers, this has been restored, but the beta drivers are now out in the wild.
Nvidia’s current LHR graphics cards are part of a larger initiative by the company to render the latest 30-series GPUs less appealing to cryptocurrency miners. Owing to the severe GPU scarcity, PC gamers have been unable to obtain new graphics cards for months, and miners have been blamed for some of the shortages.
Instead, Nvidia has a Cryptocurrency Mining Processor (CMP) for Ethereum miners. These cards have the best mining and productivity results, but they can’t handle graphics.
Nvidia in a Nutshell
Nvidia is a U.S. multinational corporation, based in Santa Clara, California.
For the game industry as well as the smartphone and industrial, it manufactures graphics processing units (GPUs). Engineering, aerospace, advertising, transportation, scientific testing, and manufacturing are only a few of the areas that make use of GPU-based workstations.
Additionally, Nvidia offers an application programming interface (CUDA) that enables huge parallel program development, which is widely used in GPU construction.
Boilers are widely used in supercomputing centers. Now, the GPU has entered the mobile computing industry, where it now serves in the form of mobile processors such as Tegra-based handhelds and laptops, as well as automotive products. Nvidia is competing with Intel and Qualcomm as well.