NVIDIA admits that it accidentally unlocked Ethereum mining on brand new RTX 3060 GPUs. If you’re trying to buy one of NVIDIA’s new graphics cards and can’t get it, you’re not alone. The global supply shortage is ongoing and these graphics cards are once again being targeted by cryptocurrency miners. Their prices skyrocketed for two reasons: miners and the COVID-19 pandemic.

It is not profitable to mine Ethereum on RTX 3060s

RTX 3060 GPUs are incapable of mining cryptocurrencies, the company intentionally did that. But a few hours ago a driver appeared that enables Ethereum mining on these GPUs. A few hours later NVIDIA withdrew the driver, which nevertheless ended up being distributed in other unofficial sources.

When the company released this graphics card, it tried to make these series less interesting for cryptocurrency miners.

Nvidia confirms it accidentally unlocked rtx 3060 ethereum mining

Some frustrated consumers are implying that Nvidia intentionally released the drivers to attend to the miner community. The 3060 card reduces the hash rate of a miner when compared to a 3090, but is still a solid purchase for miners.

The 3060 draws 170W versus the RTX 3090’s 350W demand, cutting electricity by more than half. The 3090 offers 10,496 CUDA cores versus the 3060’s 3,584 CUDA, but at an MSRP of 1/4 of the price of a 3090, many websites recommend the RTX 3060 Ti has the best mining GPU.

The 3060 Ti offers a slight advantage over the standard 3060 in terms of performance.

Ultimately, this means that the RTX 3060 is going to likely be facing the same shortages as all other cards within the Ampere series. Nvidia’s attempted protections have fallen short, whether by a bad actor or accident, and the driver is readily available on third-party websites.

The ongoing feud between cryptocurrency miners and gamers often has both sides frustrated, with GPU manufacturers squarely between the two sides. Now, Nvidia’s most recent introduction of the RTX 3060 seems to favor the cryptocurrency miners, after an apparent gaffe rendered protection moot.

The RTX 3060 was shipped with mining protection that, Nvidia stated, was implemented to ensure that gamers received cards from the current generation. This has been done to curry favor with gamers, frustrated after multiple launches of the Ampere series only went to cryptocurrency miners.
Few have been able to retrieve the Ampere generation due to a myriad of supply problems.

NVIDIA confirms the ETH limiter on RTX 3060 was removed accidentally

A day after the news broke that RTX 3060 mining limiter has been removed, the company responsible for this situation has released a short statement. This company is NVIDIA.

After initial reports that the Ethereum hash rate limiter on GeForce RTX 3060 mid-range *gaming* graphics card has been bypassed, NVIDIA has finally confirmed that the driver responsible for this situation was released inadvertently. NVIDIA has since removed the driver, but the damage has already been done.

It was discovered that GeForce 470.05 driver that was released only to software developers who are enrolled in the NVIDIA program, actually removed the hash rate limiter that NVIDIA was eager to announce as a cure for the GPU mining craze.

Earlier this week, the Ethereum mining limiter installed on the Nvidia GeForce RTX 3060 was found to have been hacked. What made it more interesting is the fact that Nvidia itself was responsible for the fix.

A driver update available only to those on the Nvidia Developer Program removed the limiter. The 470.05 driver allows a GeForce RTX 3060 to mine Ethereum at a maximum speed of almost 50 MH / s (millions of hashes per second).

Nvidia has come out and confirmed the driver that disabled the crypto mining limiter.

In a statement released Tuesday night, the company blamed the controller load for an internal error.“A developer driver inadvertently included code used for internal development that removes the hash rate limiter on GeForce RTX 3060 in some configurations,” said Nvidia.

Without the drivers, the capacity was limited to 50% by default, but with them, it was possible to mine cryptocurrencies using 100% of the capacity of these GPUs.

NVIDIA officials removed those drivers within hours, and have stated that: “A developer driver inadvertently included code used for internal development which removes the hash rate limiter on RTX 3060 in some configurations. The driver has been removed.”

The driver only worked for a single RTX 3060, it is not useful for “rigs” with multiple graphics cards. Even though the company has removed the driver from its official website it is easy to find it right now on other sources.

Nvidia made a big deal about reducing the hash rate of Ethereum mining on its new RTX 3060 graphics card last month. A special system was supposed to make the RTX 3060 undesirable for cryptominers, but Nvidia has now confirmed that it has accidentally unlocked those restrictions with a new driver.

“A developer driver inadvertently included code used for internal development which removes the hash rate limiter on RTX 3060 in some configurations,” says an Nvidia spokesperson in a statement to The Verge. “The driver has been removed.”

While Nvidia has now removed the driver, the genie is out of the bottle. Nvidia’s latest 470.05 beta driver automatically unlocks performance for most RTX 3060 cards, boosting hashing rates for Ethereum mining.

The protections reduced the hash rate of Ethereum with the RTX 3060, making it an unideal component for cryptocurrency miners.

RELATED: AMD May Start Producing GPUs Specifically For Cryptomining, Similar To Nvidia

This is no longer the case, as an Nvidia developer driver was accidentally released that removes the hash rate limiter. Nvidia readily states that the release of the developer driver is accidental, and has removed the driver from the shops. Nothing removed from the internet is truly gone: the driver has been uploaded to third-party websites.

The hash rate limiter was claimed to be immovable by Nvidia, which similarly boasted the hash rate limiter did not affect performance for the graphics card.

The protections were defeated within its first month on the market, by Nvidia’s own hand.

It limited its capacity for these processes through software drivers, but also announced the launch of NVIDIA CMP, a graphics card entirely aimed at miners.

That was supposed to improve the situation for gamers trying to get their hands on one of the RTX 3000 family of graphics cards and especially for those looking for the more affordable RTX 3060, but now that strategy has been exposed.

NVIDIA accidentally released a driver that unlocks mining on RTX 3060s

The reason is the release of some official drivers under version number 470.05, which allowed the full potential of the RTX 3060 to be harnessed for cryptocurrency mining.

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