London Daily

Focus on the big picture.
Saturday, Jul 25, 2026

Nvidia limits crypto-mining on new graphics card

Nvidia limits crypto-mining on new graphics card

Graphics card-maker Nvidia says it will deliberately reduce the efficiency of its latest card by 50% when it is used to mine the crypto-currency Ethereum.

Crypto-currency enthusiasts have contributed to a shortage of graphics cards by snapping up supplies to use for non-gaming purposes.

Nvidia said it had intervened to make sure its products "end up in the hands of gamers".

But it will also sell a bespoke crypto-currency mining processor.

What is the issue?


Graphics cards (GPUs) are a crucial component of a gaming PC.

A modern card can produce the high-resolution and high frame-rate graphics that gamers expect.

But several factors, including manufacturing delays during the coronavirus pandemic, have contributed to a shortage.

Graphics cards are also popular with crypto-currency investors, who can use them for processing transactions and generating bitcoins, in a process known as mining.

Many miners build rigs using several graphics cards at a time to produce a powerful machine dedicated to mining crypto-currency, rather than gaming.

For this to be economical, the rig must generate more in bitcoins than the cost of the hardware and the electricity it uses to run.

What has Nvidia done?


Nvidia said the software for its forthcoming GeForce RTX 3060 card will limit how efficiently it can process Ethereum transactions by about 50%.

This will make it less economical for miners to use the card for mining Ethereum.

Nvidia said it had focused on Ethereum because it "has the highest global mining yield for any GPU-mineable coin at the moment and thus is likely the main demand driver for GPUs in mining".

However, it has also decided to sell a range of crypto-currency mining processors (CMPs).

Nvidia said the production of its CMPs would not impact the availability of its graphics cards.

It told the BBC the CMP did not meet the "specifications required" of its GPUs and would also use less energy.

But critics of crypto-currencies such as Bitcoin say the energy they consume is wasteful.

David Gerard, author of Attack of the 50 Foot Blockchain, has called Bitcoin "anti-efficient".

"More efficient mining hardware won't help - it'll just be competing against other efficient mining hardware," he told the BBC earlier in February.

"This means that Bitcoin's energy use, and hence its CO2 production, only spirals outwards.

"It's very bad that all this energy is being literally wasted in a lottery."

Newsletter

Related Articles

0:00
0:00
Close
Indian Education Minister Resigns After Cockroach Youth Protests
War, Youth Revolt and the Global Struggle for Control
Autopsy Finds No Violence in Death of Epstein-Linked Model Scout
War, Power and the Rising Price of Political Decisions
High Street Sales Suffer Sharpest Summer Decline in Five Years
Wales Approves Higher Taxes on Second Homes and Long-Term Empty Properties
Environment Agency Imposes Record £150 Million Penalty on Water Companies
UK Competition Watchdog Blocks U.S. Takeover of Cambridge Chip Designer
Scotland Unveils Land Reform Bill to Expand Renewable Energy Projects
Northern Ireland Secures £500 Million Technology Investment for Belfast Cybersecurity Hub
NHS Rolls Out AI Triage System Across Major Hospitals in England
UK Strengthens North Sea Naval Cooperation With European Allies
UK Chancellor Commits £7 Billion to Accelerate Manchester-Leeds Rail Link
Bank of England Signals Interest Rate Cuts After Inflation Falls Below Target
Badenoch Rejects Grant Shapps' Bid to Return as Conservative Candidate
BAE Chief Warns Britain Has Underestimated the Risk of War
Burnham Rules Out New Scottish Independence Referendum in First Talks With Swinney
UK Government Strengthens Northern Economic Agenda Through Manchester Headquarters and Regional Partnerships
United Kingdom Opens New Furness Peninsula Coastal Route Under King Charles the Third England Coast Path
England Reduces Business Costs for Hospitality Sector Through New Relief Package
United Kingdom Allocates Seven Point Three Million Pounds for Zero-Emission Aviation Research
United Kingdom Begins Restoration Works on Portishead Railway Line After Six Decades Without Passenger Services
United States Tariff Measures Create New Trade Challenges for United Kingdom and European Union Businesses
Prime Minister Andy Burnham Meets Scottish and Welsh Leaders to Promote Regional Growth Cooperation
United Kingdom Government Announces Twenty Percent Business Rates Cut for Pubs, Clubs, and Music Venues
Prime Minister Andy Burnham Opens Manchester Government Headquarters to Shift Decision-Making Away From Westminster
United Kingdom Defence Ministry Says Armed Forces Ready After Iran Accuses London Over US Military Strikes
United Kingdom Inflation Falls to Two Point Six Percent as Prime Minister Andy Burnham Gains Economic Breathing Room
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Viral Video Raises Questions Over Twelve-Dollar Croissants at Manhattan Bakery
UK Balances Security Commitments With Economic Growth Priorities
Retail and Hospitality Sectors Navigate Consumer Caution and Tax Changes
Key Trends to Watch
British Land Appoints Joanne McNamara as New Chief Executive Officer
UK Government Names New Life Peers Including Former Military and Civil Service Leaders
Institute of Directors Urges Government Action on Employment Costs and Skills Shortages
IMF Raises UK 2026 Growth Forecast to One Percent
UK Retail Sales Growth Slows Sharply as Households Cut Discretionary Spending
UK Ten-Year Bond Yields Remain Above Five Percent as Government Faces Higher Debt Costs
UK Government Plans Earlier End to Low-Value Import Duty Exemption for Online Retail Parcels
Reform UK Leads Tight Westminster Voting Poll as Conservatives and Labour Remain Close
Royal Navy Carrier Strike Group Completes First Arctic and North Atlantic Mission Phase
Andy Burnham Government Cuts Business Rates for Pubs and Music Venues by Twenty Percent
UK Inflation Falls to Two Point Six Percent in June as Food and Fuel Prices Ease
Andy Burnham Becomes UK Prime Minister Facing Growth Challenges and Fiscal Pressure
UK Government Reviews Long-Term Balance Between Cost Relief, Industry Support, and Public Investment Priorities
BBC Could Receive Permanent Royal Charter Under Government Proposal
Northern Ireland Proposes End to Severe Weather Exemptions for Electricity Compensation Rules
Andy Burnham Holds Talks With UK Devolved Leaders on Regional Cooperation and Devolution
House of Lords Launches Inquiry Into Risks Facing UK Democratic Institutions
×