Nvidia limits mining ether efficiency to 50% using its GPU – Mining Bitcoin News

Nvidia has announced that it will begin limiting the functionality of Mining Etherium or any other crypto using a new range of graphics processing units (GPUs).

In a blog post published on February 19, U.S. The hardware maker said the limit will first be shown on its new GeForce RTX 3060 card, which is set to release on February 25th.

Nvidia said the new GPU software software drivers are designed to detect specific features of the Ether (ETH) mining algorithm and limit hash rate, or cryptocurrency mining efficiency, to about 50%.

However, the software will not limit the efficiency of all crypto mining activities, ItPro reports, adding that “limited processes are activated only when using algorithms such as Dagger Hashimoto or Ethsh.”

The Nasdaq-listed company hopes the ban will discourage the purchase of gaming-oriented graphics cards for large Etherium mining operations. ETH is one of the few coins that can still be minted using graphics cards.

GPUs, mainly used in video game consoles, are reported to be in short supply due to supply chain issues resulting from ETH miners, production limitations and the Covid-1p epidemic. As a result, prices have risen.

“We and the gamers are through it,” Nvidia revealed. “We cherish new gaming features, new architectures, new games and tech. We’ve developed a GPORS GPU for gamers, and gamers are pushing for more. ‘

However, Nvidia revealed that it plans to produce a GPU targeting Ethereum miners called Cryptocurrency Mining Processors (CMPs). It states that the new mining processor, due to be released in March, “will not do graphics” and “will not meet the specifications required for GeForce GPUs and, therefore, will not affect the availability of GPForce GPUs to gamers.”

The pay firm said the CMP “lacks display output, enabling improved airflow while mining so they can be more dense.” CMP also has lower peak core voltage and frequency, which improves mining power.

What do you think of Nvidia’s Ethereum Mining limit? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Vicky Kons Mans