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Nvidia extends limits on crypto mining to newest gaming graphics cards

Nvidia extends limits on crypto mining to newest gaming graphics cards

The worldwide head of GeForce marketing at Nvidia acknowledged that the reduced hash rate “most productive applies to newly manufactured cards,” to not GPUs already purchased.

Graphics card huge Nvidia acknowledged that the hash rate limiter on its RTX 3060 graphics cards would even be launched in other RTX 30 collection GPUs in an try to disincentivize crypto miners.

In an announcement from Nvidia on Tuesday, the firm acknowledged it would perchance well be applying a reduced Ethereum hash rate to its newly manufactured GeForce RTX 3080, RTX 3070 and RTX 3060 Ti graphics cards. The items will likely be acknowledged by a “Lite Hash Price,” or LHR, be conscious, aimed toward getting its graphics processing items, or GPUs, to its aim customers in resolution to cryptocurrency miners.

“This reduced hash rate most productive applies to newly manufactured cards with the LHR identifier and to not cards already purchased,” acknowledged Nvidia’s global head of GeForce marketing Matt Wuebbling. “We luxuriate in this extra step will gather more GeForce cards at better costs into the fingers of gamers in every single spot.”

Nvidia restricted the hash rate on some of its earlier GPU items, asserting in February that the adjustments reduced mining performance by 50%. Then again, in March, a driver change from the graphics card producer inadvertently removed the limiter, allowing some crypto miners to assemble a hash rate of 118.9 megahashes per 2d for mining tokens the usage of Nvidia’s RTX 3060 collection.

Many customers responding to the news on computer news dwelling VideoCardz looked as if it would perchance well luxuriate in that the expanded hash rate limits would within the reduction of the inducement for Nvidia consumers to immediately resell their GPUs to crypto miners for a income.

“The price a miner would pay for these cards ought to now also fall a minute more in half of too,” acknowledged VideoCardz consumer Manicdan. “If the typical eBay mark was once $2000 [for example], the unusual one ought to be nearer to $1000. This would perchance very well be manner over the customary mark of a $500-$600, but confidently also reduces the need for scalpers to try so not easy and presumably more gather into gamers fingers at the retailer in resolution to on eBay since scalpers have to sell a card for a nice income to duvet the eBay rate, their time, and taxes.”

User Prince FA added:

“Miners would perchance well not be enticed to pay the insane recent costs for half of the profitability.”

The firm will initiate transport the unusual RTX 3080, RTX 3070 and RTX 3060 Ti graphics cards in slack Might perchance presumably presumably additionally just, with the LHR be conscious in retail product listings and on the box.

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