NBMiner mining software is able to unlock up to 70% of Ethereum mining performance limit (ETH) through Nvidia’s Lite Hash Rate (LHR) series graphics cards.
Lite Hash Rate (LHR) are graphics cards equipped with GPUs whose mining performance is artificially limited.
The circumvention of the restriction, even if it is only 70% for now, is news that is likely to trigger a new wave of shortages in the graphics card market. The explosion of activity in the cryptosphere and the subsequent growth of bitcoin has already caused a spike in the price of this type of equipment. To stabilize the situation a little, Nvidia released LHR versions of the RTX 3080, 3070 and 3060 Ti, whose GPUs are limited to 50 % of their mining performance. But finally, after only three months of work, NBMiner found a partial solution to this problem. Unlocking the rest of the hashrate is only a matter of time.
According to Techspot, last March, following the release of the RTX 3060, which artificially limited the efficiency of mining the second most capitalized cryptocurrency, Nvidia managed to “accidentally ” release a driver to bypass the limitation in place. Even in this case, it seriously stimulated demand, and therefore the price of the company’s equipment.
The latest version of NBMiner restores up to 70% of the maximum hashrate of LHR series graphics cards. The developers themselves, in order to ensure a stable process, recommend setting this parameter to 68%.
The software runs on Windows and Linux operating systems, but only supports the ethash mining algorithm. According to experts, on the RTX 3060 Ti LHR, it is estimated that this utility is able to increase performance at the level of the Radeon RX5600 XT and GeForce RTX 2070, which is 41 MH / s.
All that graphics card users far from the digital asset market have to hope for is Ethereum’s upcoming transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus algorithm.
As a reminder, as part of the London hardfork, a number of updates were introduced on the network of the second cryptocurrency on the market, among them a delayed difficulty bomb for mining, effective until December 1 of this year. Once this process is activated, ETH mining will begin to evolve into a loss zone for miners, which is expected to be the starting point for Ethereum’s merger with ETH 2.0 and blockchain’s transition to the PoS consensus algorithm.
I am sure that blockchain and cryptocurrencies represent the future, and I want to spread this idea to everyone because the more people there will be to believe in cryptocurrencies, the faster the future will come.
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The words and opinions expressed in this article are the sole responsibility of the author and should not be considered as investment advice. Conduct your own research before making any investment decisions.
