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The new Nvidia GPU mining Ether at full strength has gamers concerned and miners rubbing their palms.
Since Nvidia first revealed that its new GPUs will ship with a built-in Ether (ETH) mining limiter, the RTX 30 series of graphics cards has been the topic of endless hype, rumours, and even mockery.
The mining limiter on Nvidia’s RTX 3060 card was first undone by crafty hackers and then totally disabled by one of Nvidia’s own driver patches due to a set of missteps.
The latest in a series of leaks now suggests Nvidia’s next major GPU release — the RTX 3080 Ti — could be shipped without a cryptocurrency mining limiter at all. Leaked screenshots first uncovered by VideoCardz.com show the 3080 Ti mining Ether with a hash rate of 118.9 megahashes per second — that’s more than quadruple what the hamstrung cards were originally supposed to be capable of.
It should be noted that there has been no confirmation that the GPU depicted in the screenshots is the same one that Nvidia is preparing for publication. The leaked model could be one that was still in use before the company decided to implement mining limits.
Furthermore, Nvidia’s prior missteps in launching anti-crypto cards have prompted the company to seek a full redesign of its 30 series lineup, so the output of the card in question could not be indicative of the one that is scheduled to reach shelves in May.
With a potential hash rate of 118.9 MH/s, the RTX 3080 Ti may be a very lucrative card for Ether miners, also in Western countries.
In the United States, where electricity averages at around $0.13/kWh per household, the card would still return healthy profits of $4,488 per year, or just over 2 ETH based on current prices. The GPU is expected to cost around $999 upon release, however, another mad rush by cryptocurrency miners could see demand outstrip supply once more, again resulting in a higher price.