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NVIDIA Nerfs Ethereum Hash Rate & Launches CMP Dedicated Mining Hardware - AnandTech
Feb 18, 2021 51 secs
The recent launch of new cards coupled with record highs in the cryptocurrency market has led to a rebirth of the mining community, who as of recently could earn ~$15 per RTX 3090 graphics card.

NVIDIA’s announcement today is two-fold: firstly addressing the upcoming launch of the RTX 3060 graphics on February 25th, and secondly announcing a new range of dedicated mining hardware.

One of the key drivers as to why the new graphics cards are being sold is because they are so good at doing the mining operations for various cryptocurrencies (namely for Ethereum and other derived coins) and earning the users a semblance of return on their purchase.

For the upcoming RTX 3060, the software drivers for this graphics card will automatically limit cryptocoin hashing rates to half – making how much they can earn specifically halved.

The only way these new CMP HX mining add-in cards make financial sense is if they are really cheap, around $600 for the 90HX, otherwise the retail gaming GPUs seem to be a lot more efficient.

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