NiceHash defeats Nvidia’s GPU crypto-mining limits, doesn’t seem like a rip-off

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

Nvidia started releasing LHR (or “Lite Hash Price”) graphics playing cards final 12 months to decelerate their cryptocurrency mining efficiency and make them much less interesting to non-gamers. Late final week, crypto-mining platform NiceHash introduced that it had lastly discovered a approach round these limitations and launched an replace for its QuickMiner software program that guarantees full Ethereum mining efficiency on almost all the LHR-enabled GeForce RTX 3000-series GPUs.

Not like previous makes an attempt to disable the LHR protections, NiceHash’s workaround seems to be the actual deal—Tom’s {Hardware} was in a position to affirm the efficiency boosts utilizing QuickMiner and a GeForce RTX 3080 Ti.

For now, NiceHash says that the LHR workaround will solely work in Home windows, with “no Linux assist but.” The extra versatile NiceHash Miner software program does not embrace the workarounds but, although it can quickly. NiceHash additionally says that the software program will not speed up mining efficiency on newer GeForce playing cards that use model 3 of the LHR algorithm, an inventory that (for now) consists of the RTX 3050 and the 12GB model of the RTX 3080 however which is able to presumably develop as Nvidia releases new GPUs and up to date revisions for older GPUs.

Miners have been looking for methods to avoid the LHR limitations since they have been launched. The primary card to make use of LHR, the GeForce RTX 3060, was defeated by a botched driver launch from Nvidia. Different workarounds have included flashing alternate BIOSes and mining a number of cryptocurrencies on the identical card.

However LHR workarounds may also be too good to be true. One other group promised LHR-defeating drivers in February, however they did not do what they mentioned they’d do and ended up being filled with malware.

Whether or not this LHR unlock has an influence on the pricing or availability of GPUs stays to be seen. Bitcoin and Ethereum costs have been falling lately as rate of interest will increase and inventory market turmoil have pushed buyers towards safer bets. Ethereum’s “merge,” which is able to swap the forex from a mining-driven “proof-of-work” system to an ownership-driven “proof-of-stake” system, can also be allegedly just a few months away, although that has been the case for a number of years now. At this level, shopping for up a bunch of latest GPUs for cryptocurrency mining, even with the efficiency enhancements and value will increase, may nonetheless be a dangerous funding.

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