NVIDIA’s GeForce RTX 30 LHR graphics cards were launched almost a year ago, and now the series has been unlocked by NiceHash, offering 100% cryptocurrency mining speed.
NVIDIA GeForce RTX 30 LHR graphics cards now offer 100% cryptocurrency mining rate through NiceHash QuickMiner Unlock
There have been many attempts to circumvent the LHR since its inception. The technology was used to deter miners from buying graphics cards for games, but as we’ve seen, it didn’t help much as gaining 70-80% of the mining speed by updating NBMiner and QuickMiner still allowed crypto miners to make a decent profit from GeForce Card Series RTX 30.
We are very excited to tell you that NiceHash QuickMiner (Excavator) is the first mining software to COMPLETELY (100%) UNLOCK NVIDIA LHR cards!
You can now earn more than any other mining software on the market if you use NVIDIA LHR graphics cards with NiceHash QuickMiner. Support for NiceHash Miner is coming soon.
This also makes it more convenient than mining directly into the pool, as other software is not able to release the full capacity of your hardware.
Now that mining is at its lowest level, NiceHash has decided to offer an update for the crypto miner, QuickMiner, which is based on the Daggerhashimotto mining algorithm Ethereum or ETH. As early as August 2021, the same software was used to unlock up to 70% of Hashrate, and upcoming versions unlocked up to 80% of the mining rate. With the latest update, crypto miners can now get a 100% mining rate even when using an LHR graphics card. Thus, the RTX 3080 and RTX 3080 LHR will produce the same hash rate despite the latter being labeled as the ‘Lite Hash Rate’ variant.
The following screenshot shows the NVIDIA GeForce RTX 3080 Ti offering a mining speed of 120 MH / s that was around 90-100 MH / s before this update. 3080 Ti launched in flavors for LHR only.
Every card except the NVIDIA GeForce RTX 3090 series received LHR treatment. But at the same time, mining may not be as profitable as it was a year ago. Cards such as the RTX 3090 TI produce around 125-130 MH / s, which translates to $ 4-5. This means that it will take only 400 days (more than a year) to pay off without adding electricity costs. The RTX 3080 produces about $ 3 to $ 3.5 which will also take 250-280 days to recoup its price. Although cards have become significantly cheaper and are now returning to IFRS-level prices, it no longer seems worthwhile to invest in mining hardware, but those who already had LHR cards can now get faster mining rates and extra profit from their hardware .
Now it would be a bit wrong to say that NVIDIA’s ‘LHR’ attempt was a failure from the start. Although he encouraged merchants and distributors to raise the prices of non-LHR cards, which allowed them to earn more money, it also meant that miners initially shunned specific ‘LHR’ gaming cards even though they were available in limited stocks and also were significantly inflated in terms of prices. So, all in all, this seems to be the end of NVIDIA LHR, and since mining isn’t as crazy as before and GPUs are in stock, we can say goodbye to this feature once and for all.