Nvidia nerfed the RTX 3060 for crypto miners. Here's how.
Nvidia's Upcoming RTX 3060 Line: A New Era for Gamers and Miners Alike
If you've been looking for a new Nvidia GPU lately, you may have come up short. However, the company has recently announced some encouraging news about its upcoming RTX 3060 line, which aims to turn away crypto miners and make way for gamers. The RTX 3080 and RTX 3070, both featuring Nvidia's Ampere architecture, are not only impressive in terms of gaming performance but also highly sought after by cryptocurrency miners.
The reason for this is the high computational yield offered by these GPUs, which makes them particularly well-suited for Ethereum mining. In fact, Ethereum leads the way when it comes to GPU mining, followed closely by Bitcoin and other altcoins. This has resulted in gpu shortages, with many blaming crypto miners for buying up stock. However, Nvidia has come out and said that its next GPU, the RTX 3060, will include measures to deter Ethereum miners.
So, how exactly will Nvidia achieve this? The answer lies in having the hash rate built into the GPU drivers themselves. This means that the drivers will be programmed to sniff out signs of Ethereum mining and limit the hash rate by around 50%. This should prevent Ethereum miners from gobbling up all available GPUs, allowing gamers to get their hands on a new card.
In addition to this measure, Nvidia has announced a new line of mining GPUs called CMP (Cryptocurrency Mining Processors). This branch of GPUs is designed specifically for cryptocurrency mining and will not interfere with gaming GPU production. Nvidia has stated that adding this new line of GPUs will not affect the availability of gaming GPUs, which is a good sign.
Some may be concerned about bad actors reverse engineering the RTX 3060 drivers and removing the hash rate limiter. However, Nvidia reps have been responsive to these worries, stating on Twitter that the 3060 silicon includes measures to prevent such a thing. This is comforting news for gamers who are still holding out for their dream GPU.
Despite this new development, gpu shortages will likely continue to be a problem, especially when it comes to higher-end RTX 30 series cards. However, the release of the RTX 3060 and CMP line may help alleviate some of these issues. The debut of the CMP line could potentially take attention away from the RTX 30 series card until Nvidia starts rolling out new GPUs.
The price of the RTX 3060 will kick off at around $330 on February 25th, which is an attractive price point for miners looking to get into the market without breaking the bank. However, there's still a lot of uncertainty surrounding the CMP line and how much it will cost. Nvidia will need to price these new GPUs competitively in order to lure miners away from RTX cards.
In conclusion, Nvidia's announcement about its upcoming RTX 3060 line is a step in the right direction for both gamers and crypto miners. With the introduction of the CMP line and measures to deter Ethereum miners, there may finally be some balance between these two groups. The release of the RTX 3060 and CMP line will likely be competitive, but with careful planning and execution, Nvidia can make sure that gamers have access to a new GPU without disrupting the cryptocurrency mining market.
"WEBVTTKind: captionsLanguage: enif you've been looking for a new nvidia gpu lately you've probably come up short but the company just announced some encouraging news about its upcoming rtx 3060 line that looks to turn away crypto miners and make way for gamers let me break it down for you nvidia's ampere architecture that's featured on its latest gpus like the rtx 3080 and the 3070 are not only wildly impressive when it comes to gaming they're also heavily sought out by cryptocurrency miners specifically ethereum miners because of their high computational yields of course this works for other currencies too like bitcoin but the altcoin ethereum leads the way in gpu mining so while gpu shortages remain to be very much a thing a lot of the blame for the lack of inventory has been put on crypto miners buying up stock nvidia has come out and said that its next gpu the rtx 3060 will include measures to deter ethereum miners which should mean they won't be gobbling up the cards so how are they going to do this it's simple by having the hash rate of course okay i didn't make that sentence up that's exactly what they're doing nvidia says rtx 3060 drivers will be programmed to sniff out signs of ethereum mining and limit the hash rate by around 50 percent and not to leave ethereum miners out in the cold nvidia has announced a new line for mining gpus called cmp cryptocurrency mining processors nvidia says that adding this branch of gpus won't interfere with gaming gpu production either which is a good sign or we can hope so so is this the best of both worlds has nvidia found a way to make everyone happy well maybe they've also come out and said that they will not be nerfing existing gpus so the higher end 30 series cards that are out there in the wild or still yet to be made will still be as desirable as ever and crypto miners will want to buy them up there's also some concern about bad actors reverse engineering the 30 60s driver and basically removing the hashrate limiter but nvidia reps have been responsive to that worry especially on twitter saying that the 3060 silicon includes measures to prevent such a thing that's comforting gpus continue to be in very high demand and finding a higher end 30 series card will likely continue to be a difficult thing but this 3060 news is encouraging here's hoping the debut of the cmp line of gpus helps take the attention away from the 30 series card until they start to roll out it's going to be very competitive out there we also don't really know how much those cnp cards will go for don't forget they're going to need to be priced competitively one to lure away miners from rtx cards and two to be cost effective enough this is just the tip of the iceberg but i hope it helps you understand the general situation currently affecting nvidia's cards and crypto miners the rtx 3060 is set to release on february 25th with prices kicking off at around 330 dollars so are you going to try and snag one of these sound off in the comment section below keep the conversation going and until next time thanks for watchingif you've been looking for a new nvidia gpu lately you've probably come up short but the company just announced some encouraging news about its upcoming rtx 3060 line that looks to turn away crypto miners and make way for gamers let me break it down for you nvidia's ampere architecture that's featured on its latest gpus like the rtx 3080 and the 3070 are not only wildly impressive when it comes to gaming they're also heavily sought out by cryptocurrency miners specifically ethereum miners because of their high computational yields of course this works for other currencies too like bitcoin but the altcoin ethereum leads the way in gpu mining so while gpu shortages remain to be very much a thing a lot of the blame for the lack of inventory has been put on crypto miners buying up stock nvidia has come out and said that its next gpu the rtx 3060 will include measures to deter ethereum miners which should mean they won't be gobbling up the cards so how are they going to do this it's simple by having the hash rate of course okay i didn't make that sentence up that's exactly what they're doing nvidia says rtx 3060 drivers will be programmed to sniff out signs of ethereum mining and limit the hash rate by around 50 percent and not to leave ethereum miners out in the cold nvidia has announced a new line for mining gpus called cmp cryptocurrency mining processors nvidia says that adding this branch of gpus won't interfere with gaming gpu production either which is a good sign or we can hope so so is this the best of both worlds has nvidia found a way to make everyone happy well maybe they've also come out and said that they will not be nerfing existing gpus so the higher end 30 series cards that are out there in the wild or still yet to be made will still be as desirable as ever and crypto miners will want to buy them up there's also some concern about bad actors reverse engineering the 30 60s driver and basically removing the hashrate limiter but nvidia reps have been responsive to that worry especially on twitter saying that the 3060 silicon includes measures to prevent such a thing that's comforting gpus continue to be in very high demand and finding a higher end 30 series card will likely continue to be a difficult thing but this 3060 news is encouraging here's hoping the debut of the cmp line of gpus helps take the attention away from the 30 series card until they start to roll out it's going to be very competitive out there we also don't really know how much those cnp cards will go for don't forget they're going to need to be priced competitively one to lure away miners from rtx cards and two to be cost effective enough this is just the tip of the iceberg but i hope it helps you understand the general situation currently affecting nvidia's cards and crypto miners the rtx 3060 is set to release on february 25th with prices kicking off at around 330 dollars so are you going to try and snag one of these sound off in the comment section below keep the conversation going and until next time thanks for watching\n"