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Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge

Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of MergeWhile the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.” Hive’s Technical Team Researches Other GPU Mineable Coins On September 6, Hive Blockchain Technologies (Nasdaq: HIVE) published the company’s […]

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Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge

Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The MergeEthereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower reached an all-time high (ATH) at 48.82 TH/s on September 4. Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) is expected to take place eight days from now, and a great deal of hashrate has […]

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Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains Unchanged

Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains UnchangedOn August 31, 2022, Ethereum Classic’s hashrate reached another all-time high (ATH) this year at block height 15,850,811. Ethereum Classic’s global hashpower surpassed the 40 terahash per second (TH/s) region on Wednesday. Despite the fact that the network’s hashrate has risen a great deal, Ethereum’s hashrate remains relatively unchanged with just over 1,000 TH/s dedicated […]

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Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC

Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETCAntpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation will not manage ethereum accounts after The Merge is implemented. The mining pool is asking participating Antpool miners to add their ethereum withdrawal addresses by September 3, in order to receive the accumulated ether collected by Antpool. Antpool to Stop Supporting […]

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World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown

World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge CountdownThe world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform’s miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches zero. Largest Ether Mining Pool to End PoW Ethereum Mining — Ethermine Ethereum Mining […]

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Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits

Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether DepositsOn June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more than 13 million ethereum locked into the Beacon Chain worth $15.8 billion using today’s prices. More Than 13 Million Ether Worth $15.8 Billion Deposited Into […]

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Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge

Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The MergeOn July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is selling the device for $9,999 per unit. Bitmain Launches Antminer E9 for $4.17 per […]

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Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets

Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds 8M in Crypto AssetsOn April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second in February to 3.95 EH/s by the end of March. […]

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Delaying the Ice Age — Ethereum Network Participants Prep for Upcoming Arrow Glacier Upgrade

Delaying the Ice Age — Ethereum Network Participants Prep for Upcoming Arrow Glacier UpgradeThe Ethereum network will be undergoing a scheduled upgrade soon called “Arrow Glacier,” a change that aims to mimic the “Muir Glacier” upgrade. Essentially, Ethereum’s Arrow Glacier changes the parameters of the network’s Difficulty Bomb delay to June 2022. This will give the Ethereum network another six months until it leads to the “Ice Age” […]

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Nvidia again limiting crypto mining on its RTX-3060 gaming graphics card

After accidentally unlocking its own hash rate limiter in a driver update, Nvidia has announced it will lock new cards again by reducing the mining capacity by 50%.

Graphics card giant Nvidia is quietly reintroducing a hash rate limiter on its RTX 3060 series graphics cards in an effort to disincentivize cryptocurrency miners.

On April 29 the company issued the GeForce 466.27 driver that reintroduces RTX 3060 cryptomining limiter.

GeForce 466.27 driver release notes, Source: Nvidia

According to sources reported by computer news site Videocardz, Nvidia will release the new ‘Lite Hash Rate’ models in mid-May which will be almost identical to previous versions of the same cards.

The gaming giant had originally limited the hash on the previous models, reducing mining performance by 50%. Matt Wuebbling, head of global GeForce marketing at Nvidia, said in a blog post in February:

“We designed GeForce GPUs for gamers, and gamers are clamoring for more.”

Hackers first came up with a workaround, and then in March, a driver update inadvertently unlocked this 'limiter' unleashing the card’s true potential of 118 Mh/s, enabling the mining of Ethereum and other cryptocurrencies.

The new cards are said to be identical in every way except that they will have a new PCI Device ID of 2504. Although the unlocked driver is now in the public’s hands, the new ID is designed to render them useless if used with the 470.05 driver update. It is however virtually certain some miners will attempt to circumvent this, and the previous models were supposedly hard-locked via the BIOS.

GeForce RTX 3060 new PCI Device ID in 466.27 drivers. Source: VideoCardz

The news has received a mixed response among the gaming community. Videocardz forum user “Eric W,” stated that the move only seems to sideline small home miners, who are often gamers t:

“Well this is a mixed bag. I want to buy a new gpu for gaming, but I also mine when I'm not actively playing games... I can't buy a mining gpu because Nvidia seems to only sell them in quantities of several thousand and I have no interest in having 100s of mining rigs.”

User “Mark” suggested the limiter wouldn’t put miners off anyway, adding that “it needs to be 90%+” to “be a real deterrent to miners”  while "Mashed Potato" believes it’s just a money grab:

“They still want miners to buy their cards… but twice as much.”

According to VideoCardz, limits are expected to be set on most RTX 30 series cards, although certain models, like the RTX 3090, may not end up with a limiter due to its high price tag of $1,500.

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