However, graphics cards aren’t manufactured solely for cryptocurrency mining. After all, the more graphics cards an individual has at their disposal, the more profitable mining gets. Because mining is so profitable, there is little reason for people with free capital to pass on purchasing GPUs for mining. While these cards are in high demand for many reasons, a driving factor is undoubtedly how profitable they are at mining cryptocurrencies.Įthereum mining has been extremely profitable throughout 2021 and has remained profitable despite changes to the fee structure with EIP-1559. Nvidia has repeatedly stated that unprecedented demand is the reason you can’t buy a new GPU in 2021. Many think that our ongoing silicon shortage is the cause, however, for the majority of their existence, 3000 series GPUs have been produced at a faster rate than Nvidia has produced past cards. Even today, a year after their initial release, it is getting harder to find a 3000 series graphics card. Since their release last year, Nvidia’s 3000 series graphics cards have been extremely difficult to find in stock. In this post, I will discuss the options for mining with an LHR card and how to get the most out of your card. Mining two coins at once with slightly reduced performance is a clever way to maximize an LHR card’s performance. The latest releases of NBMiner and T-Rex have brought LHR cards up to 70% of their original performance, and now T-Rex allows users to mine Ethereum and another coin simultaneously. However, the mining community has been hard at work on circumventing these restrictions ever since they were created. These cards have had their Ethereum mining performance reduced by roughly 50%. Most 3000 series graphics cards purchased in recent months are low hash rate (LHR) cards.
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