Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing Technology – Mining Bitcoin News

Nicehash Software 'Fully Unlocks' Nvidia’s Hashrate Reducing Technology

On Saturday, the cryptocurrency mining platform Nicehash revealed the corporate has “fully [unlocked] Nvidia’s [Lite Hash Rate]” graphic processing items (GPUs). Nicehash says the agency’s Quickminer mining software program is the primary protocol that may unlock LHR GPU playing cards by 100%.

Nicehash Says Software Is the First to Fully Crack Nvidia’s Lite Hash Rate Technology

According to the digital foreign money mining platform Nicehash, the agency has developed software program that utterly unlocks Nvidia’s Lite Hash Rate-brand GPUs. “Nicehash has successfully unleashed the locked computing power for millions of people worldwide,” the corporate stated on Saturday. “We are the first to fully unlock Nvidia’s LHR.”

Nvidia revealed the Lite Hash Rate (LHR) GPU playing cards in mid-May 2021 after the semiconductor large stated it needed to place these chips again into the fingers of avid gamers. “We believe this additional step will get more Geforce cards at better prices into the hands of gamers everywhere,” a Nvidia spokesperson stated on the time.

The GPU producer’s competitor AMD additionally launched the primary GPU devoted to cryptocurrency mining known as the AMD Navi 12. When Nvidia launched the LHR know-how it utilized the protocol to 3 of its proprietary GPU playing cards.

Cracking Nvidia’s LHR Tech Started Months Ago

Nicehash just isn’t the one individual to have the ability to take away Nvidia’s LHR tech. Last January, Bitcoin.com News reported on solo miners that had overcome the mining decreasing know-how. The report additional defined that Nicehash advised pcmag.com that month that Nvidia’s LHR know-how “did not discourage miners at all.”

However, at the moment, the studies famous that the miners bypassed the LHR tech by a fraction. The announcement Nicehash made on Saturday claims the Quickminer mining software program removes LHR reducers by 100%.

“We are very excited to tell you that Nicehash Quickminer (Excavator) is the first mining software to fully (100%) unlock LHR cards,” a weblog publish revealed by Nicehash says. “Now you can earn more profits than any other mining software on the market if you are using LHR graphics cards with Nicehash Quickminer.”

Nicehash’s new software program that unlocks Nvidia’s LHR GPU playing cards, follows the current expenses in opposition to Nvidia by the U.S. Securities and Exchange Commission (SEC). According to the SEC, Nvidia didn’t disclose that crypto mining had elevated income. The semiconductor agency agreed to pay a $5.5 million penalty for the dearth of disclosure.

Tags on this story

ETH, Ethereum mining, GPU, graphic card, Graphic processing items (GPUs), graphics processing unit, Hash, Hashpower, Hashrate, hashrate limiter, LHR merchandise, Lite Hash Rate Tech, Nicehash, Nicehash platform, Nicehash software program, Nvidia, Nvidia Corporation, PoS, PoW, PoW Mining, Video recreation consoles

What do you consider Nicehash claiming that its software program can totally unlock Nvidia’s LHR GPU playing cards so folks can mine with them? Let us know what you consider this topic within the feedback part under.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist dwelling in Florida. Redman has been an lively member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com News concerning the disruptive protocols rising at the moment.

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