Nvidia launches a GPU dedicated CMP to mining cryptocurrencies
Earlier, Nvidia launched a CMP series of dedicated mining cards, which are specifically sold to cryptocurrency Ethereum miners.
The announcement of this news also revealed that Nvidia finally decided to enter the mining cryptocurrency industry. The company had participated in the mining cryptocurrency industry in the last bull market and suffered heavy losses.
At that time, the cryptocurrency industry suddenly entered a bear market, causing Nvidia to squeeze a large amount of inventory. Therefore, Jensen Huang is currently taking a very cautious attitude towards the cryptocurrency industry.
The release of the dedicated mining card means that Nvidia believes that it is time to return to the mining industry and at the same time be loyal to the players to avoid the Ethereum miners from snapping up gaming graphics cards.
In view of the current shortage of graphics cards, Nvidia has taken measures to introduce mining cryptocurrency cards, while restricting the mining performance of ordinary graphics cards and game graphics cards through technical means.
According to Nvidia’s instructions, if common graphics cards and game graphics cards detect mining cryptocurrency activities, their performance will be cut in half. This policy will be mainly for the upcoming RTX 3060.
Nvidia hopes to use this method to force miners to give up buying game graphics cards, or to force miners to buy Nvidia’s newly launched CMP series dedicated mining cards.
This should be a good idea for the company. It can show loyalty to players and take action after all, and it can also allow miners to pay higher mining cryptocurrency card fees.
RTX 3060 software drivers are designed to detect specific attributes of the Ethereum cryptocurrency mining algorithm, and limit the hash rate, or cryptocurrency mining efficiency, by around 50 percent.
That only makes sense. Our GeForce RTX GPUs introduce cutting-edge technologies — such as RTX real-time ray-tracing, DLSS AI-accelerated image upscaling technology, Reflex super-fast response rendering for the best system latency, and many more — tailored to meet the needs of gamers and those who create digital experiences.
It is worth noting that Nvidia’s graphics card performance restriction policy will not include other graphics cards. It is not clear whether Nvidia will plan to expand the new restriction policy in the future.