Nvidia Reveals Crypto Mining Processor for Ether
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18 February
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Nvidia has announced it will downgrade the hash rate of RTX 3060 with the help of drivers to fight against excessive usage of the GPUs for cryptocurrencies mining. According to an official blog announcement, starting from February 25, GeForce RTX 3060 will detect specific attributes of the Ethereum cryptocurrency mining algorithm to decrease efficiency of the mining by 50%.

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In the meantime, Nvidia also announced the NVDIA CMP (Cryptocurrency Mining Processor). The new product line is focused specifically for professional mining as CMP products do not do graphics and do not meet the specifications required of a GeForce GPU.

Nvidia Reveals Crypto Mining Processor for Ether

CMP products will not have display outputs and their peak core voltage and frequency will be lowered in order to improve mining efficiency.

NVIDIA Calls on Crypto Miners to Help Fight Coronavirus

Earlier in January, Nvidia sad it could start issuing cryptocurrency mining-focused GPUs if there is enough demand for it. Nvidia's Chief Financial Officer, Colette Kress, said that the company could "use that opportunity to restart the CMP product line to address ongoing mining demand."

Kress also pointed out the company does not believe that crypto mining is a big part of its business today, as it can not see how much of the RTX 30 Series end demand comes from mining.

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