Nvidia’s new RTX 3070 and 3080 Ti cards try to cater to gamers and miners

Nvidia’s new 3070 Ti and 3080 Ti graphics cards will be on sale later this month with a built-in Ethereum hash rate limiter.NVIDIA announced the release of new cards during its period Computex 2021 live On Monday, it announced the specifications and release dates of the two models.

Of particular interest to cryptocurrency enthusiasts is Nvidia’s decision to launch a card with a built-in limiter in order to curb their Ether-mining utility.

The company had previously promised to create a Encryption dedicated card Designed specifically for mining Ethereum (Ethereum) And other GPU compatible cryptocurrencies. This move is designed to pull demand away from potential crypto miners, but Nvidia insists on releasing all newer GPUs with crypto limiters, indicating that the plan may not be as determined as originally expected.

Nvidia Announce In its first quarter earnings report, it was unable to accurately measure the demand from cryptocurrency miners.Although the black market price of its 3000 series is as high as 300% higher Compared with retail, it has accumulated millions of dollars in estimated secondary market sales.

Although the 3060, 3070 and 3080 (including its Ti model) will all use specially designed Lite Hash Rate (LHR) GPUs, NVIDIA did not mention the 3090 series cards. The 3090 is positioned at the high end of the Nvidia product line and occupies a price point high enough that the demand of gamers or miners is usually limited.

Not to mention, a Compare The comparison of 3080 Ti and 3090 shows that the former is roughly the same as the latter. The only difference is that the 3090 has 24GB of video RAM, while the 3080 has 12GB.

No matter what actions NVIDIA takes in the near future, as Ethereum shifts from a proof-of-work consensus algorithm to a proof-of-work, its supply problems related to ether miners may disappear in the next 6 to 12 months. bet. At this point, the graphics card will have nothing to do with the production of ETH coins. Although this seems to reduce the value of the card in the long run, the short-term framework for profiting from ETH mining may lead to another surge in demand and subsequent supply shortages.