New drivers accompanying the release of graphics cards later this month reduce the hash rate of Ethereum mining by nearly 50 percent, using software discovery for cryptocurrency mining.
The company says: We designed GeForce graphics cards for gamers, gamers are demanding more, however, NVIDIA’s GPUs are programmable.
“Users are constantly discovering new applications for it, from weather simulation and gene sequencing to deep learning and robotics, and cryptocurrency mining is one of them,” it added.
Nvidia is apparently making changes to try to aid the availability of GeForce products, with the company introducing a new CMP cryptocurrency mining processor for Ethereum instead.
This processor provides the best mining performance and efficiency, but it will not deal with graphics at all, and Nvidia says: These CMP products do not affect the availability of GeForce graphics cards to gamers.
CMP products will not have display inputs so they can be added more intensively in systems designed for mining.
Nvidia also ensures that cryptocurrency mining processors run at lower core effort and frequency to optimize the large power requirements associated with Ethereum mining.
With CMP, the company says, we can help miners build the most efficient data centers while keeping GeForce RTX graphics cards for gamers.
Although the introduction of a custom miner option is welcome, Nvidia will likely face some criticism for reducing the RTX 3060’s mining efficiency.
This is an artificial limit imposed with software restrictions put in place by Nvidia as it strives to create enough graphics cards to meet the demand.
The entire industry, from games to car manufacturing, is affected by the chipset shortage at the moment, and it is clear that Nvidia now feels the right time to respond to the huge demand for graphics cards by making sure that what is likely to be the most popular new graphics card is focused solely on games.