News Profit's Takes

Most New NVIDIA RTX Gaming GPUs Will Be Cryptocurrency-Limited

Due to a shortage of graphics processing units (GPUs), NVIDIA has developed a new line of GPUs for professional cryptocurrency miners. The company also said that the hash rate for RTX 3060 cards had to be cut in half.

The company also recently announced it is extending these cryptocurrency capacity limits to more GeForce chips to make more products available to gamers. A reduced Ethereum hash rate will be applied to newly manufactured GeForce RTX 3080, RTX 3070, and RTX 3060 Ti graphics cards.

“We believe this additional step will get more GeForce cards at better prices into the hands of gamers everywhere,” the company said in a blog post.

The products began shipping in late May. They can be recognized by the “Lite Hash Rate” or “LHR” label on the device’s packaging.

The Profit‘s Take:

Demand for GPUs from crypto miners has obviously hurt availability of these same cards for gamers. However, crippling the cards to make them less appealing to miners is NOT the solution. Gamers should have full access to the card’s capabilities and be able to do anything they want with them, including mining. While Nvidia makes incredible products, they struggle massively with how they treat and communicate to their customers.

(All information was provided by Yahoo! Finance)

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