NVIDIAS Lite-Hash-Rate technology to stop crypto miners was senseless-mining Bitcoin messages
NVIDIAS Lite-Hash-Rate technology to stop crypto miners was senseless-mining Bitcoin messages
mid-May 2021 announced the American multinational technology company NVIDIA CORPORATION that it added a Hashrate-Limiter to contain the use of cryptocurrency mining with its graphics processors (GPUS). However, Krypto-Miner now say that the step was pointless, and the mining organization Nicehash explains that the Hashrate-Limiter scheme "did not discourage Miner at all".
The Hashrate-Limiter from Nvidia did not prevent crypto miners from using the products
Last year Bitcoin.com News reported on Nvidia's "Lite Hash Rate" (LHR) technology when the graphics card manufacturer tried to prevent crypto-miner from using his GPUs to digit digital assets. Nvidia applied LHR to three specific GPU products, and the company said that the motivation was to put his card back into the hands of players. Eight months later it says in reports that the LHR technology has done very little to prevent crypto miners from using these special Nvidia devices.
The cryptocurrency mining platform Nicehash said PCMAG.com the LHR technology "did not discourage Miner at all". In addition, a crypto miner named Blake Teaer from Colorado Michael Kan from PCMAG.com said that LHR technology did not stop him from buying the GPUs and using it for crypto mining purposes. Teaer said he added LHR-based Nvidia GPUs to his GPU farm, which brings $ 4.5,000 per month ether (eth) profits.
"Yes, I think LHR was pointless," remarked Teaer, noting that LHR-based Nvidia GPUs "are not a deal breaker for miners".
LHR-based GPU miners are sold to the same installments, Ethereum Hashrates rolls at record heights
In the meantime, a week after Nvidia introduced the lite-haash rate products, the company admitted that it had earned $ 155 million with crypto mining chips in the first quarter of 2021. At that time, Nvidia announced that cryptocurrency miners had increased sales, but the company also stated that Miner tried to use certain products. A miner for digital currencies called Tim Tarshis said that he has 30 LHR RTX 3060 Nvidia-GPUs and bought it because "everyone has turned them over".
Tarshis continued that the LHR technology had not made the GPU's price cheaper, and he agreed that the lite-hash rate products had "nothing" to help people use to use these devices to dig digital assets. "Many people, miners and scalper, still bought tickets at the same prices as before," added Tarshis.
at the time, ether has increased by more than 95 % since the beginning of the year and the hashate of the network has reached an all -time high this year. At the time of the writing of this article, the Ethereum-Hashrates lies above 1 petahash per second (ph/s) or 1.038.957.431.086.586 Hashes per second (h/s).
to Ethereum from a proof-of-work (Pow) chain to a complete proof-of-stake (POS) model passes, miners seem to be able to use any device with which they can achieve profits. Should nvidias LHR-products still produce eth and other gpu-mining-krypto-assets, they will probably be used for such purposes.
What do you think of the crypto miners who say that NVIDIA's LHR products have not prevented you from using the GPUs to dig cryptocurrencies? Share your opinion on this topic in the comment area below.
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