Nvidia will reduce the power of its GPUs to mine Ethereum | Digital Trends Spanish
Nvidia knows that using video cards to mine cryptocurrencies creates a problem. Yes, GPUs are sold out everywhere and that’s great for your business, but in return, people looking for cards to play – the main goal – are left at the mercy of the second-hand market, often at prohibitive prices.
So, in order that the cards can reach more into the hands of the gamers and not so much to those of the miners, Nvidia has announced that the following RTX 3080, 3070 and 3060 Ti are going to arrive with their mining capacities reduced.
For this, what they will do is halve the hash rate, or in other words, the process capacity to mine cryptocurrencies (we speak specifically of Ethereum, in this case). This measure will be applied to all cards that are manufactured now and that are distributed since the end of May and to clearly distinguish them, they will be identified with the initials “Lite Hash Rate” or “LHR”, which will be clearly visible at the time of purchase .
Thus, those who use these cards for mining are expected to have fewer incentives and leave them free for the rest. Now, it is worth mentioning that this applies only to new cards; meanwhile, those that are already on the market will continue with their mining capabilities intact.
This could improve the outlook for the next few months, but it must be remembered that something similar has already been done before. Last February, before the launch of the RTX 3060, Nvidia warned that that model it also came with a limit on the hash rate. And even so, it is still difficult to acquire the card; Of course, it is worth clarifying that mining is not the only factor that threatens the stock of cards, but it is still an important one.
However, it is already known that the chip shortage will last until 2022, so the only hope to buy an RTX at an acceptable price is for this new Nvidia measure to take effect.