Nvidia is Nerfing New RTX 3080 and 3070 Cards for Ethereum Cryptocurrency Mining

Nvidia is extending its cryptocurrency mining limits to newly manufactured GeForce RTX 3080, RTX 3070, and RTX 3060 Ti graphics cards. From a report: After nerfing the hash rates of the RTX 3060 for its launch in February, Nvidia is now starting to label new cards with a 'Lite Hash Rate' or 'LHR' identifier to let potential customers know the cards will be restricted for mining. 'This reduced hash rate only applies to newly manufactured cards with the LHR identifier and not to cards already purchased,' says Matt Wuebbling, Nvidia's head GeForce marketing.

'We believe this additional step will get more GeForce cards at better prices into the hands of gamers everywhere.' These new RTX 3060 Ti, RTX 3070, and RTX 3080 cards will start shipping later this month, and the LHR identifier will be displayed in retail product listings and on the box. Nvidia originally started hash limiting with the RTX 3060, and the company has already committed to not limiting the performance of GPUs already sold.

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