ASUS Launches RTX 3070 Series Cards With Feature Limiting Ether Mining

LHR is the industry's answer to the global supply shortage of GPUs caused by miners hoping to cash in on bull market fervor.

Jun 15, 2021 at 4:22 a.m. UTC
Updated Sep 14, 2021 at 1:11 p.m. UTC

Multinational computer company ASUS has launched a fresh batch of its RTX 30 series graphics processing units (GPUs) with a feature designed to limit its use for mining ether.

According to the company's updated product page, the TUF, KO and DUAL versions of its RTX 3070 cards have been installed with a feature known as "lite hash rate" (LHR). The company's 3060s and 3080s are expected to contain the feature in future launches later this year.

LHR is the industry's answer to the global supply shortage of GPUs caused by cryptocurrency miners hoping to cash in on the recent bull market fervor. The feature essentially halves the ethereum mining hashrate down to 25 MH/s.

Hashrate or hashing power is the speed and efficiency at which a mining device can operate. The greater the speed, the easier it is to solve a cryptographic puzzle, add it to the block and then collect a reward.

U.S. multinational tech company Nvidia, along with its OEM partners, announced last month the new feature for existing RTX GPUs would be rolled out in a bid to increase supply for gamers.

It is unclear whether the latest feature will address the shortage issue, but ASUS says the card's gaming prowess remains unaffected.

Nvidia already attempted to curb crypto miners' demand in February through software limitations that detect when people are mining and then throttling mining hash rates, but without much success.

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
CoinDesk - Unknown
Sequoia's Guide to Surviving the 2022 Bear Market

Venture capitalists have gotten increasingly frantic over the last few months.

Venture capitalists have gotten increasingly frantic over the last few months.

CoinDesk - Unknown
2
CoinDesk - Unknown
NFT Art Museums Are a Good Idea

The metaverse turns galleries global, and helps fund the arts. This article is part of “Metaverse Week."

The metaverse turns galleries global, and helps fund the arts. This article is part of “Metaverse Week."

CoinDesk - Unknown
3
CoinDesk - Unknown
How the US Can Establish Itself as a Crypto Leader

Regulators have an opportunity to map out thoughtful, strategic policy on stablecoins and beyond.

Regulators have an opportunity to map out thoughtful, strategic policy on stablecoins and beyond.

CoinDesk - Unknown
4
CoinDesk - Unknown
No, the UK Is Not Going to Make USDC and USDT Legal Tender

For “legalize” read “regulate.”

For “legalize” read “regulate.”

CoinDesk - Unknown