Thursday, March 4, 2021
Crypto-Bulletin
No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Ripple
  • Videos
Crypto-Bulletin
No Result
View All Result
Home Cryptocurrency

Nvidia nerfs cryptocurrency mining capabilities on newest graphics card

admin by admin
February 20, 2021
in Cryptocurrency
0
Nvidia bets big on Ethereum mining with new dedicated graphic chip
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Ripple Therapeutics Secures Licensing Agreement and Series A Financing led by Théa Open Innovation

Cryptocurrency Mining Company Argo Blockchain Achieves Record Revenue Growth in February

March 4, 2021
As Bitcoin Suddenly Surges Over $50,000, The Price Of These Cryptocurrency Stocks Is Soaring

As Bitcoin Suddenly Surges Over $50,000, The Price Of These Cryptocurrency Stocks Is Soaring

March 4, 2021


Share this text

Firms on this article

In a bid to keep away from the graphics card value hikes and shortages seen in recent times as cryptocurrency miners scramble to get the very best {hardware}, Nvidia has introduced a gentle nerf to its upcoming graphics card.

The brand new RTX 3060, scheduled to launch subsequent week, has seen its software program drivers altered to detect particular attributes of the Ethereum cryptocurrency mining algorithm.

Together with limiting the hash fee, this variation ought to cut back cryptocurrency mining effectivity by round 50%.

The transfer comes following a number of years of graphics card shortages, first starting in 2018 after Bitcoin spiked round 400% within the house of just some months. Additional shortages appeared possible following an much more dramatic rise within the cryptocurrency’s worth, which elevated from round £7,500 on January 3 to £37,000 on February 18.

“With the launch of GeForce RTX 3060 on Feb. 25, we’re taking an vital step to assist guarantee GeForce GPUs find yourself within the palms of avid gamers,” stated world head of GeForce advertising and marketing, Matt Weubbling in a blog post.

Nevertheless, Nvidia has introduced the Cryptocurrency Mining Processor line for skilled mining.

“CMP merchandise — which do not do graphics — are offered via approved companions and optimized for the very best mining efficiency and effectivity,” stated Weubbling. “They do not meet the specs required of a GeForce GPU and, thus, do not influence the provision of GeForce GPUs to avid gamers.”

Moreover, in a press release to The Verge, Nvidia confirmed that it’s going to not nerf the mining functionality of present GPUs.





Source link

Tags: CapabilitiesCardCryptocurrencygraphicsMiningnerfsNewestNvidia
Share76Tweet47

Related Posts

Ripple Therapeutics Secures Licensing Agreement and Series A Financing led by Théa Open Innovation

Cryptocurrency Mining Company Argo Blockchain Achieves Record Revenue Growth in February

by admin
March 4, 2021
0

CEO Peter Wall displays belief in digital belongings with BTC wage fundsArgo Blockchain, a world chief in cryptocurrency mining...

As Bitcoin Suddenly Surges Over $50,000, The Price Of These Cryptocurrency Stocks Is Soaring

As Bitcoin Suddenly Surges Over $50,000, The Price Of These Cryptocurrency Stocks Is Soaring

by admin
March 4, 2021
0

Bitcoin's newest bull run has seen its value climb by almost 500% over the last year, charging again above...

PayPal Is Buying Cryptocurrency Secure-Storage Provider Curv, Report Says

PayPal Is Buying Cryptocurrency Secure-Storage Provider Curv, Report Says

by admin
March 4, 2021
0

PayPal (NASDAQ:PYPL) is engaged on a deal to purchase digital-asset safety firm Curv, in response to a report from...

Cryptocurrency ban to be made explicit; Govt to introduce Bill soon

Cryptocurrency ban to be made explicit; Govt to introduce Bill soon

by admin
March 3, 2021
0

In 2019, an inter-ministerial committee underneath then financial affairs secretary Subhash Garg had urged that personal cryptocurrencies like bitcoin...

House OKs bill to attract more cryptocurrency mining facilities

House OKs bill to attract more cryptocurrency mining facilities

by admin
March 3, 2021
0

FRANKFORT, Ky. (WTVQ) – The Home of Representatives handed a measure Wednesday that positions Kentucky as a lovely location...

Load More
  • Trending
  • Comments
  • Latest
Linzhi Begins Roll-Out of Ethereum Miner ‘Phoenix’

Linzhi Begins Roll-Out of Ethereum Miner ‘Phoenix’

January 18, 2021
DOGE Breaks Out and Targets $0.0055

Dogecoin Barks Up DeFi with DOGEO Stablecoin Minting

January 27, 2021
How to Buy Dogecoin on Binance, Kraken and Other Cryptocurrency Exchange

How to Buy Dogecoin on Binance, Kraken and Other Cryptocurrency Exchange

January 29, 2021
Blockchain property network forms industry committee

Blockchain property network forms industry committee

January 25, 2021
Ripple Therapeutics Secures Licensing Agreement and Series A Financing led by Théa Open Innovation

Cryptocurrency Mining Company Argo Blockchain Achieves Record Revenue Growth in February

0
New French Legislation Cracks Down on Anonymous Crypto Accounts

New French Legislation Cracks Down on Anonymous Crypto Accounts

0
Polkadot, Aave, Dogecoin Price Analysis: 15 December

Polkadot, Aave, Dogecoin Price Analysis: 15 December

0
Lummis announces senior staff with a keen focus on cryptocurrency | 307 Politics

Lummis announces senior staff with a keen focus on cryptocurrency | 307 Politics

0
Ripple Therapeutics Secures Licensing Agreement and Series A Financing led by Théa Open Innovation

Cryptocurrency Mining Company Argo Blockchain Achieves Record Revenue Growth in February

March 4, 2021
Such Speed, Much Wow! Dogecoin To Make A Reappearance At NASCAR

Such Speed, Much Wow! Dogecoin To Make A Reappearance At NASCAR

March 4, 2021
What Coinbase’s Public Listing Means for Eth 2.0

What Coinbase’s Public Listing Means for Eth 2.0

March 4, 2021
Litecoin jumps 11% as bulls target $200

Litecoin jumps 11% as bulls target $200

March 4, 2021

Live Prices

Name Price
bitcoin
Bitcoin (BTC)
$51,336.00
ethereum
Ethereum (ETH)
$1,613.78
cardano
Cardano (ADA)
$1.22
Binance Coin
Binance Coin (BNB)
$248.41
Polkadot
Polkadot (DOT)
$37.82
tether
Tether (USDT)
$1.00
ripple
XRP (XRP)
$0.455776
litecoin
Litecoin (LTC)
$192.74
chainlink
Chainlink (LINK)
$30.35
bitcoin-cash
Bitcoin Cash (BCH)
$534.24

Advertisement!




Recent News

Ripple Therapeutics Secures Licensing Agreement and Series A Financing led by Théa Open Innovation

Cryptocurrency Mining Company Argo Blockchain Achieves Record Revenue Growth in February

March 4, 2021
Such Speed, Much Wow! Dogecoin To Make A Reappearance At NASCAR

Such Speed, Much Wow! Dogecoin To Make A Reappearance At NASCAR

March 4, 2021

Categories

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Ripple
  • Videos

Follow Us

Contact Us

  • Privacy & Policy
  • About Us
  • Contact Us

© 2020 CRYPTO-BULLETIN

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Ripple
  • Videos

© 2020 CRYPTO-BULLETIN