The cryptocurrency community has finally found a way to bypass the Ethereum mining limiter on Nvidia’s RTX 3000 series graphics cards.
Last week, mining tool provider NiceHash released a new free software, which is able to bypass Nvidia’s Lite Hash Rate (LHR) limiter. “We are the first to fully unlock Nvidia’s LHR!” said NiceHash in its tweet.
The crypto-community confirmed that tool works effectively. But there are some limitations.
- NiceHash’s QuickMiner tool cannot completely bypass the cutter on the RTX 3050, as well as on the RTX 3080 model with 12GB VRAM.
- The second limitation is the tool works 100% effectively only on machines running Windows and not on those running Linux.
- Additionally, the tool supports cryptocurrency mining only with the Ethash (DaggerHashimoto) algorithm.
Exactly how NiceHash managed to bypass the LHR cutter remains unknown, as the cryptocurrency platform continues to maintain silence. All it said is that it did… ”magic” by referencing the song “A King of Magic” by rock band Queen.
Nvidia introduced the limiter in February 2021 with the aim of discouraging miners from grabbing available stocks of graphics cards from consumers’ hands.
The limiter practically limits the Ethereum mining rate to 50%, however very soon the cryptocurrency community found a way to increase the rate to 70%.
Now, with this new software cryptocurrency miners can “earn” more money from their graphics cards. However, the advent of the tool is unlikely to boost sales of Nvidia’s GPUs, as crypto-miners were buying them with… kilogram despite the mining cutter.
Since then, the demand for graphics cards has dropped, partly because Ethereum is transitioning to one model and partly because Nvidia’s new RTX 4000 series will be released very soon.