Nvidia’s GeForce limits hash fee to divert crypto miners to new CMP line

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Nvidia’s GeForce limits hash fee to divert crypto miners to new CMP line

Nvidia, a California-based {hardware} firm recognized for growing industry-leading graphics playing cards, is doing all the things it may to make s



Nvidia, a California-based {hardware} firm recognized for growing industry-leading graphics playing cards, is doing all the things it may to make sure that its upcoming GeForce RTX 3060 GPU leads to the palms of players. To realize that finish, the corporate introduced Thursday that it’ll restrict the GeForce hash fee to make it much less fascinating to cryptocurrency miners. 

The corporate stated the brand new RTX 3060 software program drivers are designed to detect Ethereum cryptocurrency mining and restrict their hash fee by round 50%. “That solely is sensible,” Nvidia stated, for the reason that GeForce RTX is “tailor-made to fulfill the wants of players,” not crypto miners.

Whereas players are nonetheless Nvidia’s masters, as Cointelegraph reported final month, crypto miners will quickly be capable to buy particular {hardware} for his or her operations.

Nvidia defined:

“To deal with the particular wants of Ethereum mining, we’re saying the NVIDIA CMP, or, Cryptocurrency Mining Processor, product line for skilled mining.”

CMP merchandise “don’t meet the specs required of a GeForce GPU and, thus, don’t impression the supply of GeForce GPUs for players.”

Provide and demand could also be on the crux of Nvidia’s choice to restrict the attraction of RTX 3060. Gaming demand alone has outpaced Nvidia’s GPU provide capability. With crypto miners additionally within the fold, this concern might have gotten worse, resulting in inflated costs for numerous graphics playing cards.

Earlier this yr, the corporate stated that GPU provides are prone to be “lean” all through the primary quarter.

“Our total capability has not been capable of sustain with that total sturdy demand that we’ve seen,” stated Colette Kress, Nvidia’s government vp and chief monetary officer.