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Breaking news: Ethereum Developer Virgil Griffith Pleads Guilty to Conspiracy Charge in North Korea Sanctions Case

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.

May 18, 2021 at 2:15 p.m. UTC
Updated Sep 14, 2021 at 12:57 p.m. UTC

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.

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