The cryptocurrency saw an unprecedented boom after Nvidia’s RTX 3000 graphics cards were released. However, mining demand has now severely died down. Ethereum recently switched to Proof of Stake, marking the end of a tough time for the PC gaming market.
While Nvidia introduced the Low Hash Rate (LHR) limiter to combat this situation, it did little to solve the more significant issue of graphics card availability. Nvidia has been selling GeForce RTX 3000 LHR graphics cards for over a year now, but it seems like that will now be changing.
As spotted by Reddit user u/Timbers007, the Nvidia GeForce RTX 3080 Ti is no longer limited by Nvidia’s Lite Hash Rate, and it seems like the new drivers have removed LHR for all Nvidia RTX 3000 GPUs.
Driver updates 520.56.06 for Linux and 522.25 for Windows were recently released and have led to the aforementioned discovery.
While this seems like an odd time to disable the Lite Hash Rate limiter, Nvidia is currently trying to sell out excess graphics cards. Prices have rapidly fallen, and the demand for graphics cards is much lower today.
An earlier report also stated that Nvidia had resumed production of RTX 3080 12GB graphics cards to get rid of excess GA102 stock. Nvidia could be looking to turn to miners once again to boost sales.
Interestingly, Nvidia’s lite hash rate had also been unlocked previously. LHR was never too successful, but the company has now entirely removed all LHR integration from Ampere graphics cards, making their products even more appealing for current and future miners.
The Nvidia GeForce RTX 4090 has also been released recently. Nvidia is boasting impressive performance gains, coupled with DLSS3, exclusively for the new Ada Lovelace products. The graphics card is now available, starting at $1599.99. Consumers can also expect to learn more about the GeForce RTX 4080 in the coming days.
While fans are busy with the new launch, Nvidia has quietly disabled LHR in a driver update. However, future consumers looking for GPUs should not be too worried. Cryptocurrency is far from where it used to be several months ago, and many farms have been trying to get rid of existing graphics cards.
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[News Reporter]
Avinash is currently pursuing a Business degree in Australia. For more than three years, he has been working as a gaming journalist, utilizing his writing skills and love for gaming to report on the latest updates in the industry. Avinash loves to play action games like Devil May Cry and has also been mentioned on highly regarded websites, such as IGN, GamesRadar, GameRant, Dualshockers, CBR, and Gamespot.
