Nvidia to Hobble Ether Mining Power on More Gaming Cards
The affected graphics cards will be labelled with an identifier so consumers know what they are buying.
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Nvidia is reducing the ability of newly manufactured graphics cards to mine cryptocurrency in order to maintain inventory for gamers.
- The California-based chip-making giant announced via its blog Tuesday it will apply a reduced ETH hashrate to newly manufactured RTX 3080, RTX 3070 and RTX 3060 Ti graphics cards.
- Set to start shipping later this month, the cards will be labelled with a “Lite Hash Rate” or “LHR” identifier to “ensure that customers know exactly what they’re getting.”
- As the company has stated before, Nvidia said its priority is to ensure its gaming cards end up “in the hands of gamers.”
- It first announced in February that all GeForce RTX 3060 graphics cards would ship with a reduced Ethereum hashrate.
- It is unclear if the hashrate cuts will affect the overall performance of the graphics cards and not simply curb their mining power. Nvidia did not immediately respond to CoinDesk’s request for clarification.
See also: Hut 8 Will Use Luxor’s Software to Manage New Ethereum Miners
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CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters:
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
