Nvidia is nerfing its new RTX 3060 for Ethereum cryptocurrency mining

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Author: Tom Warren

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Nvidia is purposefully making its new RTX 3060 graphics cards less efficient to mine Ethereum cryptocurrency. New drivers that will accompany the release of the GPUs later this month will reduce the hash rate of Ethereum mining by around 50 percent, using software detection for cryptocurrency mining.

“We designed GeForce GPUs for gamers, and gamers are clamoring for more,” says Matt Wuebbling, head of global GeForce marketing at Nvidia. “Yet NVIDIA GPUs are programmable. And users are constantly discovering new applications for them, from weather simulation and gene sequencing to deep learning and robotics. Mining cryptocurrency is one of them.”

It’s clear Nvidia is making the changes to try and help with the availability of its GeForce...

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