nvidia confirms it unlocked ethereum

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.

Nvidia confirms it accidentally unlocked rtx 3060 ethereum mining

These featured an updated LHRv3 algorithm, which could only be cracked up to a 90% level.

NiceHash QuickMiner v0.5.4.2 RC requires NVIDIA 512.15 drivers or newer for efficient operation.

Here’s how much time the 30-series GPUs take to mine 30 Ethereum:

Nvidia GeForce Model Unlocked or ~90% Hash Rate RTX 3050 (LHRv3) ~ *41MH/s RTX 3060 (LHRv1/LHRv2) ~ 50MH/s RTX 3060 Ti (LHRv2) ~ 60MH/s RTX 3070 (LHRv2) ~ 60MH/s RTX 3070 Ti (LHRv2) ~ 81MH/s RTX 3080 10GB (LHRv2) ~ 98MH/s RTX 3080 12GB (LHRv3 ~ *90MH/s RTX 3080Ti (LHRv2) ~ 120MH/s

Even though a pretty significant update on its own, this LHRv3 algorithm is late to the party.

Most of the cryptocurrencies related to GPU mining have faced losses compared to their initial value. Hence, mining right now is not practical as it won’t be profitable, and the payback period will be significantly longer.

Solely investing in the RTX 3050/3080 cards for the LHRv3 feature is not advised. While NVIDIA figures out a cleaner layout, you should probably sit this one out.

About Nvidia

NVIDIA Corporation is an American multinational technology company incorporated in Delaware, based in Santa Clara, California. They design graphics processing units (GPUs) for the gaming and professional markets, as well as system on chip units (SoCs) for the mobile computing and automotive market.

Best known for the “GeForce” lines of GPUs, they are a direct competitor to AMD’s “Radeon” series.

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.

Cryptomining is booming more than ever in 2021. Recently, Nvidia has restricted the hash rate for mining ethereum by half for RTX 3060 after the driver’s update. That means miners are getting around 26 Mh/s while mining. However, many people still managed to get the full potential hash rate of around 48-50 Mh/s by bypassing the mining limit.

How to Bypass 3060 Mining Limit?

To run RTX 3060 with a maximum hash rate, you need to install the previous 470.05 Nvidia drivers.
As Nvidia has removed the drivers from their official website, you might have to download them from other websites.

Here’s a Download link for Nvidia 470.05 drivers.

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.

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.

NVIDIA had announced new software changes to limit cryptocurrency mining as the GPUs faced a sudden increase in demand by miners, leading to several awaiting gamers missing out on getting their hands on the models.

However, recently the developers at NiceHash, the global cryptocurrency mining platform, confirmed that they had thoroughly grasped the concept of the Lite Hash Rate(LHR) algorithm implemented by NVIDIA in the GeForce RTX 30-series GPUs.

The LHRv1 and LHRv2 devices had already been fully utilized, sans any extra hardware.

Two unresolved GPUs remained; the RTX 3050 and RTX 3080– 8 GB and 12 GB, respectively.

Earlier this week, we learned that crypto-miners have managed to bypass the RTX 3060’s mining hash rate limiter. It turns out that bypassing the limit is now even easier, as Nvidia released a beta driver without mining protections in place.

Unlike other Nvidia graphics drivers, once you had the GeForce 470.05 beta driver installed, the RTX 3060’s Ethereum mining hash rate wouldn’t drop as expected. Initial reports claimed that a special BIOS was also needed, but HardwareLuxx and ComputerBase have confirmed that the GeForce 470.05 beta driver alone is enough unlock the RTX 3060’s mining capabilities.

Nvidia confirmed its mistake in a statement, saying: “A developer driver inadvertently included code used for internal development which removes the hash rate limiter on RTX 3060 in some configurations.

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 driver has been removed.”

Nvidia opened Pandora’s box on the GeForce RTX 3060

Even with the removal of the driver, damage has been done to Nvidia’s plan to keep miners away from the GeForce RTX 3060. In fact, it can be said to have exploded right away.

Everyone knew it was only a matter of time before the 470.05 driver hit the public through third-party websites. And that’s exactly what happened, although we’re not going to link them here.With it available without the need to sign up for any kind of program, those who are so inclined can easily set up an Ethereum mining machine.

The only saving grace in this whole situation is that the driver still doesn’t allow multi-card mining.
However, there are certainly those who will find a way to achieve this with the RTX 3060.

Nvidia just needs to hope that a bug like this doesn’t happen again.

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