Nvidia says it won’t nerf the Ethereum mining performance of existing GPUs – Circuit Breaker3 min read

https://www.theverge.com/circuitbreaker/2021/2/18/22290362/nvidia-will-not-reduce-3060-ti-3070-3080-3090-eth-mining

Nvidia highly recommends the brand-new CMPs will not impact the capability to produce GeForce gaming cards at all. “The chips used for CMP might not fulfill the specs of GeForce and dont effect general GeForce capacity or accessibility,” responded a spokesperson by email.
While Nvidia wouldnt validate that its talking about binning– the procedure by which chipmakers like Intel, AMD, Nvidia and others take chips that arent 100 percent operational due to occasional production problems, and offer them as slower or less feature-filled parts rather– the declaration certainly sounds something like that.
It might likewise be that theyre various entirely. The shot you see above of Nvidias CMP looks absolutely nothing like the layout of Nvidias GA102 utilized in the Ampere-based RTX 3080 and 3090, or the GA104 used in the RTX 3070 and RTX 3060 Ti. It doesnt look much like Nvidias previous-gen Turing desktop chips, either. Possibly the CMP is simply a GPU style that hasnt publicly been revealed.

If so, its slightly possible that Nvidia has a stockpile of older chips its using. The companys restoring the GTX 1050 Ti from 2016, after all, and its uncertain that Nvidia changed over among the RTX 30-series factories simply to make that take place. However without understanding what the CMP actually is, your guess is as excellent as ours.
Lastly, you might be wondering: why just nerf Ethereum mining, when other cryptocurrencies like Bitcoin have likewise seen extraordinary gains? Heres Nvidias complete response:
Ethereum has the highest global mining yield for any GPU-mineable coin at the minute and thus is most likely the main demand driver for GPUs in mining. Other algorithms do not contribute considerably to GPU need and this can not change rapidly due to network effects within a given cryptocurrency. The rate limiter uses to anything that uses Dagger Hashimoto or Ethash-like algorithms.
When it releases February 25th at 12PM ET, were looking forward to seeing whether Nvidia can make the $329 GeForce RTX 3060 any simpler to purchase than previous GPUs. After months of around-the-clock searching, I finally managed to snatch a 3060 Ti a couple weeks back– heres hoping you will not need to go that far.

Nvidia isnt talking about its strategies for future graphics card simply yet, however the company informs The Verge (in no uncertain terms) that it will not nerf existing GPUs. If Nvidias diverting its already minimal production capability of GPUs towards CMPs, does not that indicate fewer gaming GPUs to start with? The shot you see above of Nvidias CMP looks absolutely nothing like the design of Nvidias GA102 utilized in the Ampere-based RTX 3080 and 3090, or the GA104 used in the RTX 3070 and RTX 3060 Ti. If so, its vaguely possible that Nvidia has a stockpile of older chips its putting to use. The companys bringing back the GTX 1050 Ti from 2016, after all, and its uncertain that Nvidia switched over one of the RTX 30-series factories simply to make that take place.

Nvidias new Cryptocurrency Mining Processor (CMP).

Image: Nvidia

Today, Nvidia announced that it would synthetically minimize the performance of its upcoming $329 GeForce RTX 3060 graphics card when it comes to one specific job: Ethereum cryptocurrency mining. As strange as that news may sound, it was music to the ears of some players– who have been trying and failing to get their hands on graphics cards for months due to the great GPU lack, and blaming miners for part of that.
You might be wondering: what does this mean for other GPUs? Nvidia isnt talking about its plans for future graphics card simply yet, however the business tells The Verge (in no unsure terms) that it wont nerf existing GPUs. “We are not restricting the efficiency of GPUs already sold,” says a spokesperson.
I was also a bit skeptical that the companys brand-new batch of Cryptocurrency Mining Processor (CMP) cards, marketed as an option for those miners, would imply that gamers might really have the ability to purchase an RTX 3060 as a result. If Nvidias diverting its currently restricted production capacity of GPUs towards CMPs, doesnt that imply fewer video gaming GPUs to begin with? Theres an international semiconductor shortage going on, you understand.

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