Nvidia’s restrictions proved ineffective in the fight against mining
The hashing speed limiter Lite has not stopped miners from buying new video cards
30.01.2022 - 07:40
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What’s new? Nvidia’s efforts to limit the hashrate of its gaming graphics cards have not stopped miners from buying them. The cloud mining platform NiceHash’s representatives claim that even with the restrictions, the video card is still yielding high returns, PCMag reports.
How did Nvidia “restrict” miners? In February 2021, the company released an updated line of RTX 3000 Lite Hash Rate (LHR) graphics cards that reduce power when mining Ethereum. By doing so, Nvidia wanted to enable players to buy the graphics cards, but it did not work. After a while, the miners were able to unlock the extra video card power thanks to the new firmware.
What does the mining community say about this? Solo miners are now using a combination of regular and LHR video cards, such a bundle brings up to $4500 per month when mining Ethereum.
The experts claim that unlocked video card power makes it 74% more efficient. All the more so, the miners have begun to put more emphasis on alternative coins, not just ETH.
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