Nvidia teases a massively improved RTX 3080, however will or not it’s good for mining?

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Nvidia teases a massively improved RTX 3080, however will or not it’s good for mining?

Nvidia is about to launch the following technology of its fashionable RTX sequence of graphics playing cards on  Sep. 17. One among these would be



Nvidia is about to launch the following technology of its fashionable RTX sequence of graphics playing cards on  Sep. 17. One among these would be the RTX 3080, which comes because the mid-range card amongst its friends the 3090 and 3070.

Nevertheless, the efficiency of the cardboard is about to eclipse the efficiency of the earlier technology’s equal, the RTX 2080 Ti. In line with Tom’s {Hardware}, the GPU is promised to be “twice as quick” because the final technology by Nvidia and its uncooked specs counsel that the features may even be larger. All of this whereas the worth is about to stay the identical at $700. The RTX 3090 seems to be a much less environment friendly mannequin by way of efficiency to price ratio, with twice the worth however solely a 20% efficiency acquire.

However all of those figures apply to gaming, not essentially mining. AMD has historically been dominant on this sector as its playing cards typically obtain larger hashrates per Watt or unit price.

The RTX 2080 Ti typically benchmarks decrease even in comparison with its predecessor, the 1080 Ti. A part of that is because of the particular nature of those playing cards. The RTX sequence focuses on offering innate ray tracing capabilities, which may be very helpful for high-end gaming however does nothing for miners.

Philip Salter, head of operations at Genesis Mining, instructed Cointelegraph what the RTX 3080 may imply for the mining business:

“What hashrate the 3080 can do stays to be seen. In idea, Ethereum hashrate is perhaps 60%-70% sooner, in case you look solely at reminiscence bandwidth. The marketed 1 TB/s of bandwidth has already been delivered by AMD with the Vega VII, and you’ll attain 100 MH with that card.”

However he defined that reaching such hashrates requires optimizing the reminiscence timings for Ethereum mining. That may solely be executed by altering settings within the GPU’s VBIOS, an inside firmware. “Nvidia doesn’t mean you can use customized VBIOS mods nonetheless, so you’ll be caught with the reminiscence timings which can be set by the producer,” Salter added.

Nvidia may launch an official VBIOS mod to boost Ethereum mining, however thus far this hasn’t occurred.

Along with the efficiency points, the pricing can be more likely to be an issue. Nvidia has a “sturdy place within the gaming market” and the worth of its playing cards typically displays that, Salter stated. The premium for the ray tracing cores additionally contributes to souring the deal for miners.

“Ultimately, the 3080 will most likely not be capable of beat AMDs providing of reasonably priced, tunable GPUs for mining,“ he concluded. Nevertheless, ought to the present Ether (ETH) value rally proceed, demand for GPUs might develop into so giant that Nvidia playing cards may out of the blue develop into enticing, much like the way it occurred in the course of the 2017 bull market.



cointelegraph.com