Geforce RTX 3050: Unsuitable for Ethereum mining

The upcoming Geforce RTX 3050 will be of no interest to miners. Thus, the graphics cards should go over the counter at a reasonable price.

The head of the chip specialist Nvidia, Jensen Huang. (Archive image) – DPA

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the essentials in brief

• The graphics card giant Nvidia will launch the Geforce RTX 3050 on January 27th, 2022.
• The graphics card will be unattractive for crypto miners.

The graphics card manufacturer Nvidia will soon launch the Geforce RTX 3050. As the tech portal “PC Games Hardware” reports, this will be launched as a low hashrate model (LHR).

With that, Nvidia follows a course designed to thwart miners of cryptocurrencies like Ethereum. These are one of the reasons for the enormous shortage of graphics cards and the resulting horrendous prices. Besides that, she also plays global semiconductor shortage a role.

With a lower hash rate, Ethereum mining is no longer profitable, so the graphics card should only be of interest to normal users.

Apart from the Founder Edition and the Geforce RTX 3090, all newly produced graphics cards from the manufacturer have been converted to LHR.

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