break NVIDIA’s lock on mine

The Boss

PC

break NVIDIA’s lock on mine

break, lock, Nvidias

Just yesterday, a new update of the software for mining NBMiner, an update that claims in principle ignore LHR limitations of NVIDIA on its RTX 30 series GPUs, thus enabling enjoy 70% of its power (vs 50% set by NVIDIA in the limitation). Now, according to new reports, the power of a RTX 3060 Ti al minar With this new update it reached 40.5 MH / s, 35% better compared to what it had so far (30 MH / s) but, is it enough to make mining again profitable? with these graphics cards?

The LHR limit that NVIDIA has imposed on its next-generation RTX 30 Series graphics cards is aimed at preventing cryptocurrency miners from taking an interest in them; this limit reduces mining power by 50%, in most cases making their use for mining unprofitable, and with that, miners go for other alternatives, leaving the stock of these graphics to normal users.

NVIDIA graphics are still not profitable to operate

Mining consumption

As long predicted, it was only a matter of time before mining software developers managed to find ways around NVIDIA’s LHR limitation, and that is precisely what happened. with the latest update of the popular NBMiner software. With this update, the hashrate of the RTX 3060 Ti is now more competitive and compares to some of the most used GPUs in mining, such as RTX 2070 waves RX 5700 from AMD, although that is of course if those GPUs are in stock.

And it is that unfortunately for minors and users, the prices of the RTX 3060 Ti are still particularly bad. On eBay, for example, resellers still sell these cards at exorbitant prices (more than double their original price), and let’s not talk about finding any of these cards available in regular stores. The average price of the RTX 3060 Ti in the second-hand market last week was around $ 940.

This means that for now, the RTX 3060 Ti remains unprofitable to operate, although the new NBMiner update has significantly improved their performance. Even with a hashrate of 41 MH / s, they assume an average income of $ 3.25 per day at current rates, so it would take around 290 days of 24 × 7 mining only to cover the initial investment to buy the graphics card.

NVIDIA CMP

For their part, Radeon RX 6600 XT which have just been launched on the market have a mining yield of around 32 MH / s, and are already on sale on the second-hand market with a rather remarkable premium (620 dollars on average on eBay). This averages out to around $ 2.5 per day of income, so you’ll need to mine these charts for 248 days non-stop just to get the most value from your purchase.

Regardless of all this, NBMiner offers performance improvements for the RTX 3060 Ti LHR when mining, and the same should apply to all other NVIDIA LHR graphics. If Ethereum cryptocurrency prices continue to rise, we may be faced with a new wave of miners consuming the GPU supply again, disrupting any actions NVIDIA is taking to counter this trend.

Leave a Comment