NiceHash defeats Nvidia’s GPU crypto-mining limits, does not appear to be a scam | TechBuzz

- Advertisement -


NiceHash defeats Nvidia’s GPU crypto-mining limits, does not appear to be a scam

Nvidia began releasing LHR (or “Lite Hash Rate”) graphics cards last year to slow down their cryptocurrency mining performance and make them less appealing to non-gamers. Late last week, crypto-mining platform NiceHash announced that it had finally found a way around those limitations and released an update for its QuickMiner software that promises full Ethereum mining performance on nearly all of the LHR-enabled GeForce RTX 3000-series GPUs.

- Advertisement -

Unlike past attempts to disable the LHR protections, NiceHash’s workaround appears to be the real deal—Tom’s Hardware was able to confirm the performance boosts using QuickMiner and a GeForce RTX 3080 Ti.

For now, NiceHash says that the LHR workaround will only work in Windows, with “no Linux support yet.” The more flexible NiceHash Miner software doesn’t include the workarounds yet, though it will soon. NiceHash also says that the software won’t accelerate mining performance on newer GeForce cards that use version 3 of the LHR algorithm, a list that (for now) includes the RTX 3050 and the 12GB version of the RTX 3080 but which will presumably grow as Nvidia releases new GPUs and updated revisions for older GPUs.

Miners have been trying to find ways to circumvent the LHR limitations since they were introduced. The first card to use LHR, the GeForce RTX 3060, was defeated by a botched driver release from Nvidia. Other workarounds have included flashing alternate BIOSes and mining multiple cryptocurrencies on the same card.

- Advertisement -

But LHR workarounds can also be too good to be true. Another group promised LHR-defeating drivers in February, but they didn’t do what they said they’d do and ended up being full of malware.

Whether this LHR unlock has an impact on the pricing or availability of GPUs remains to be seen. Bitcoin and Ethereum prices have been falling recently as interest rate increases and stock market turmoil have pushed investors toward safer bets. Ethereum’s “merge,” which will switch the currency from a mining-driven “proof-of-work” system to an ownership-driven “proof-of-stake” system, is also allegedly a few months away, though that has been the case for several years now. At this point, buying up a bunch of new GPUs for cryptocurrency mining, even with the performance improvements and price increases, could still be a risky investment.



Source link

- Advertisement -
Adminhttp://techbuzz.asia
I am admin of techbuzz.asia blog & I provide tech-related news. As a part of my hobby, I make content related to technology and gadgets reviews too. I love to be a content creator apart from it, I am a full-time employee in an MNC company and manage blogs systematically. You can mail me at [email protected]

More from author

Related posts

Advertisment

Latest posts

How do I get a battery status report on Windows 10 and 11? | TechBuzz

It is often unknown to many users that Windows 10 and Windows 11 contain a hidden ability to generate reports on laptop battery status....

Monkeypox in Germany: live map shows virus cases | TechBuzz

It feels like the pandemic situation in Germany has just normalized a bit, in many places you hardly see people with masks and Corona...

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!