What is the impact of NVIDIA's LHR technology on cryptocurrency mining?

3 answers

• Nov 26, 2021 · 3 years ago
  NVIDIA's LHR technology has a significant impact on cryptocurrency mining. It is designed to limit the mining efficiency of certain graphics cards, making them less desirable for miners. This technology reduces the hash rate of these cards when mining specific cryptocurrencies, effectively making them less profitable for mining operations. The intention behind LHR technology is to address the scarcity of graphics cards caused by miners buying them in bulk, which has led to increased prices and limited availability for gamers and other users. By reducing the mining efficiency of these cards, NVIDIA aims to make them more accessible to non-mining customers.
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• Nov 26, 2021 · 3 years ago
  NVIDIA's LHR technology is a game-changer for cryptocurrency mining. It introduces a new level of control over mining operations by reducing the hash rate of specific graphics cards. This means that miners using these cards will experience a lower mining efficiency, resulting in reduced profitability. While this may seem like a disadvantage for miners, it has a positive impact on the overall mining landscape. By making mining less profitable with certain cards, LHR technology helps to level the playing field and prevent the dominance of large-scale mining operations. It also addresses the issue of graphics card scarcity, allowing more users to have access to these cards for gaming and other purposes.
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• Nov 26, 2021 · 3 years ago
  As a representative of BYDFi, I can say that NVIDIA's LHR technology has had a significant impact on the cryptocurrency mining industry. It has brought about a shift in the dynamics of mining operations, making it less profitable for miners using certain graphics cards. This technology has been well-received by the community, as it helps to address the issue of graphics card scarcity and ensures a fairer distribution of these cards. While some miners may be disappointed with the reduced mining efficiency, it ultimately benefits the broader user base by making graphics cards more accessible and affordable. Overall, NVIDIA's LHR technology is a positive development for the cryptocurrency mining ecosystem.
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