Ever since the cryptocurrency industry was launched, the industry that benefitted from crypto the most is GPU. When it comes to manufacturing high-end and best-performing graphics cards, there is no other company that can match Nvidia.
For a very long time, Nvidia has been the flag-bearer of the graphics card industry as it has launched some of the best graphics cards. For almost 2 decades, the only company that has managed to give it a hard time is Radeon. There was a time when Radeon had dethroned Nvidia for a short amount of time before Nvidia took back its spot.
Even now when Radeon is trying its best to launch graphics cards that not only target the gaming community but also the cryptocurrency mining community, Nvidia is still reigning over the industry.
The majority of the cryptocurrency mining communities are after some of the latest graphics cars that have been launched by Nvidia. The main reason behind this is because these cards offer a decent amount of bit rate that is responsible for increasing the hash rate for crypto-mining.
Moreover, Nvidia had also launched graphic cards that were without outputs and were dedicated to cryptocurrency mining.
While the majority of the cryptocurrency community around the world is waiting for Nvidia to launch the highest performance cards, Nvidia has dropped a bomb on the entire community with the latest announcement.
As per the latest reports, Nvidia has announced that it will be launching graphics cards that will have limited efficiency. The efficiency will reportedly be limited for mining Ethereum (ETH) as well as other cryptocurrencies.
The company has confirmed that all of the latest editions of the GPUs launched by Nvidia will have this feature integrated into them.
The announcement was made by Nvidia through a blog post posted on February 19, 2021. In the announcement, Nvidia revealed that the GeForce RTX 3060 card would be the first GPU to have the limiting featured integrated into it.
It has been confirmed that the GeForce RTX 3060 card is set to be launched on Thursday, February 25, 2021.
The firm has revealed that the new graphics cards will be designed in such a way that they will automatically detect certain attributes that are part of the algorithms responsible for mining Ethereum (ETH).
Once they detect that the algorithm belongs to Ethereum (ETH), they will optimize the hash rate. This would eventually limit the mining capacity for the cryptocurrencies down by 50%.
It has been confirmed the software responsible for the limitation of the hash rate will not be hindering the entire cryptocurrency mining activities. It has been confirmed that the limiter from the software will only activate once it detects the particular algorithms. For now, the algorithms the software has been designed to detect are Ethash-like algorithms and Hashimoto.