NVIDIA curbs Ether mining power on more gaming cards

The need of the hour! Gaming hardware giant NVIDIA has reduced the ability of newly manufactured graphics cards to mine cryptocurrency by hobbling the Ether mining capability of these chips.

The affected graphics cards will be labelled with an identifier so consumers know what they are buying.

This is not the first rodeo for NVIDIA — the company announced in February that all GeForce RTX 360 graphics cards would ship with a reduced Ethereum hashrate. This was done to ensure that gaming cards ended up in the hands of gamers, not miners.

Funnily enough, it did not take long for the crypto community to bypass this limitation. Soon after, the company removed the mining rate limits altogether.

But now, the company is now back for round two. With a confident face, it has announced on its blog that it will apply a reduced ETH hashrate to newly manufactured RTX 3080, RTX 3070, and RTX 3060 Ti graphics cards that are set to start shipping later this year.

These new cards will be labelled with a “Lite Hash Rate” or “LHR” identifier so that buyers are in on what they are getting right from the start. It is unclear if the hashrate cuts will affect the overall performance of the graphics cards, or whether the graphics giant has simply trimmed their mining power.

Guess this is something for the community to find out.

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