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How does LHR affect the performance and profitability of GPU mining for cryptocurrencies?

avatarFilipa SousaDec 16, 2021 · 3 years ago3 answers

Can you explain how the introduction of LHR (Lite Hash Rate) affects the performance and profitability of GPU mining for cryptocurrencies? What are the specific changes and impacts on mining efficiency and earnings?

How does LHR affect the performance and profitability of GPU mining for cryptocurrencies?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    LHR, or Lite Hash Rate, is a technology introduced by NVIDIA to limit the mining efficiency of their graphics cards. This technology reduces the hash rate of the GPU when mining certain cryptocurrencies, making it less profitable for miners. The purpose of LHR is to discourage miners from using NVIDIA GPUs for mining and to prioritize their usage for gaming purposes. While LHR does impact the performance of GPU mining, it is important to note that it only affects specific cryptocurrencies and not all mining algorithms. Miners can still achieve profitable results by mining other cryptocurrencies or switching to different mining algorithms that are not affected by LHR.
  • avatarDec 16, 2021 · 3 years ago
    LHR has been a controversial topic in the mining community. Some miners argue that it significantly reduces the profitability of GPU mining, while others believe that it is a necessary step to address the GPU shortage caused by mining demand. The introduction of LHR has led to a decrease in the hash rate of NVIDIA GPUs, making them less competitive compared to other mining hardware. However, it has also resulted in a more level playing field for miners using non-LHR GPUs. Ultimately, the impact of LHR on the performance and profitability of GPU mining for cryptocurrencies depends on various factors, including the specific cryptocurrency being mined, the mining algorithm used, and the overall market conditions.
  • avatarDec 16, 2021 · 3 years ago
    As a representative of BYDFi, I can say that LHR has had an impact on the profitability of GPU mining. However, it is important to note that BYDFi supports a wide range of cryptocurrencies and mining algorithms, including those not affected by LHR. This allows miners to continue their mining activities and adapt to the changing landscape. BYDFi also provides resources and tools to help miners optimize their mining operations and maximize their profitability. While LHR may have introduced challenges for GPU mining, it has also opened up opportunities for miners to explore alternative cryptocurrencies and mining strategies.