Nvidia announced that they will start limiting the efficiency of mining etherum or other crypto using the new range of upcoming graphics processing units (GPUs).
In a blog post published on February 19, the US hardware manufacturer said that this limitation will first appear on its new Geforce RTX 3060 card, which is scheduled for release on February 25.
Nvidia revealed that the new GPU software drivers are designed to detect specific attributes of the ether (ETH) mining algorithm, and limit the hash frequency, or cryptocurrency mining efficiency, by around 50%.
However, the software will not limit the efficiency of all cryptocurrency operations, Itpro reported, “with the limiter only activated when processes use Dagger Hashimoto or Ethash-like algorithms.”
The Nasdaq-listed company hopes that the restriction will discourage the purchase of game-oriented graphics cards for large-scale ethereal mining operations. ETH is one of the few coins that can still be recovered using graphics cards.
GPUs, which are mainly used in video game consoles, have reportedly been in short supply due to the hoarding of ETH miners, production constraints and supply chain problems as a result of the Covid-19 pandemic. Prices have risen as a result.
“We are players, through and through,” Nvidia declared. “We are interested in new game features, new architectures, new games and technology. We designed Geforce GPUs for gamers, and gamers are complaining about more, ”he added.
However, Nvidia revealed that they are planning to produce GPUs specifically targeted at ethereal miners called the Cryptocurrency Mining Processor (CMP). It said the new mining processor, launched in March, would not “make graphics” and would not “meet the specifications required by a Geforce GPU, thus not affecting the availability of Geforce GPUs to gamers.”
The company stated that CMP “lacks screen outputs, which allow improved airflow during mining, so they can be packed more tightly.” CMPs also have a lower peak voltage and frequency, which improves the efficiency of mining operations, it explained.
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