Graphics cards from manufacturer Nvidia are not only popular with gamers. Because the chips are also ideally suited for mining Ethereum. Because of delivery bottlenecks, Nvidia wants to ensure that the new GeForce RTX 3060 ends up in the hands of gamers. That does not mean, however, that Nvidia is turning its back on Ethereum miners. You will receive your own product line in the future.
Generate passive income with staking – the top staking coins
We declare war on negative interest rates!
Find out more in the leading magazine for blockchain and digital currencies
(Print and digital)
☑ 1st edition free of charge
☑ Over 70 pages of crypto insights every month
☑ Never miss any more investment opportunities
☑ Free postage to your home
To the crypto compass magazine
The price increase of Ethereum did the rest: While numerous gamers were still waiting for their GeForce RTX 3080, recordings of a mining setup with 78 of the coveted high-end graphics cards caused a sensation at the end of December. Miner Simon Byrne said he was making about $ 900 a day from this setup.
The gaming community wasn’t thrilled.
The ether miners there were particularly creative; instead of graphics cards, they simply switched hundreds of gaming laptops in series. A mobile version of the scarce Nvidia chip was built into them.
In view of these reports, the leading graphics chip manufacturer was probably forced to act. Nvidia decided to stop watching the growing conflict between gamblers and miners. A week ago, the California-based company therefore announced that it would bring some older models back onto the market that are unsuitable for ether mining. But steps have also been taken with the much-anticipated GeForce RTX 3060.
Trade Bitcoin, Ethereum, Ripple, IOTA in one app!
Reliable, simple, innovative – trade Germany’s most popular cryptocurrencies easily and securely.
☑ Free 40.0000 EUR Demo Account
☑ Registration in just a few minutes
☑ PayPal deposit / withdrawal possible
☑ Available 24/7 + mobile trading
To the provider
76.4% of retail investor accounts lose money when trading CFDs with this provider [Anzeige].
Nvidia GeForce RTX 3060 halves the hash rate
In a blog post on February 18, the manufacturer announced that the driver for the GeForce RTX 3060 has a special feature:
The RTX 3060 software drivers are designed to recognize certain attributes of the Ethereum cryptocurrency mining algorithm and limit the hash rate or cryptocurrency mining efficiency by around 50 percent.
In the same post, Nvidia reinforced its commitment to the gaming community. However, the company also promised not to lose sight of the “special needs” of the ether miners.
Ethereum miners get their own product line
The chips should be tailored to the requirements of mining and have a better energy balance. Nvidia hopes to do justice to all of its customers: “Developing bespoke products for customers with specific requirements delivers the best value for customers. With CMP, we can help miners build the most efficient data centers while keeping GeForce RTX GPUs available for gamers. “
Guide: Buy Ripple (XRP) – explained quickly and easily
You want to invest in Ripple but you don’t know how? We’ll help you choose the most suitable provider for you and explain what to look out for!
To the guide >>