Nvidia halves mining performance of RTX 3080, 3070 and 3060 Ti

Nvidia halves RTX Performance
Written by Emma Davis

Nvidia announced that it halves the hashrate (performance) for mining Ethereum cryptocurrency on the new GeForce RTX 3080, 3070 and 3060 Ti graphics cards to reduce their attractiveness to miners.

The company promises to provide these versions of the graphics cards, which will begin shipping later this month, with a special “Lite Hash Rate” or “LHR” marking, which can be seen on the box and in the description. Previously issued cards will not be subject to these restrictions.

Today, we’re taking additional measures by applying a reduced ETH hash rate to newly manufactured GeForce RTX 3080, RTX 3070 and RTX 3060 Ti graphics cards. These cards will start shipping in late May.This reduced hash rate only applies to newly manufactured cards with the LHR identifier and not to cards already purchased. GeForce Is Made for Gaming. Nvidia statement says.

According to Matt Wubbling, Nvidia’s head of marketing for GeForce, this way the company wants to ensure that video cards are used by gamers around the world, and not settle on mining farms.

Let me remind you that in February 2021, GeForce RTX 3060 cards also forcibly declined mining performance. Then the hash rate for Ethereum mining was also halved, and the company announced a special line of cards for mining – NVIDIA CMP (Cryptocurrency Mining Processor).

These cards will not have video outputs, and they will also receive a lower peak core voltage and frequency, which will increase their energy efficiency for mining cryptocurrency.

Recall, however, that NVIDIA promised to protect the GeForce RTX 3060 from miners, and soon released the miner driver.

According to the 3D Center portal, which is based on sales statistics in retail stores in Germany and Austria, retail prices for 30-series video cards in Europe are now three times higher than the recommended ones. A similar situation is observed with GPUs from AMD, which are overpriced by an average of two times.

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About the author

Emma Davis

I'm writer and content manager (a short time ago completed a bachelor degree in Marketing from the Gustavus Adolphus College). For now, I have a deep drive to study cyber security.

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