London Daily

Focus on the big picture.
Friday, Jun 20, 2025

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
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
UK Home Secretary Apologizes Over Child Grooming Failures
Trump Organization Launches 5G Mobile Network and Golden Handset
Towcester Hosts 2025 English Greyhound Derby Amid Industry Scrutiny
Gary Oldman and David Beckham Knighted in King's Birthday Honours
Over 30,000 Lightning Strikes Recorded Across UK During Overnight Storms
Princess of Wales Returns to Public Duties at Trooping the Colour
Red Arrows Use Sustainable Fuel in Historic Trooping the Colour Flypast
Former Welsh First Minister Addresses Unionist Concerns Over Irish Language
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
France Bars Israeli Arms Companies from Paris Defense Expo
King Charles Leads Tribute to Air India Crash Victims at Trooping the Colour
Jack Pitchford Embarks on 200-Mile Walk to Support Stem Cell Charity
Surrey Hikers Take on Challenge of Climbing 11 Peaks in a Single Day
UK Deploys RAF Jets to Middle East Amid Israel-Iran Tensions
Two Skydivers Die in 'Tragic Accident' at Devon Airfield
Sainsbury's and Morrisons Accused of Displaying Prohibited Tobacco Ads
UK Launches National Inquiry into Grooming Gangs
Families Seek Closure After Air India Crash
Gold Emerges as Global Safe Haven Amid Uncertainty
Trump Reports $57 Million Earnings from Crypto Venture
Trump's Military Parade Sparks Concerns Over Authoritarianism
Nationwide 'No Kings' Protests Challenge Trump's Leadership
UK Deploys Jets to Middle East Amid Rising Tensions
Trump's Anti-War Stance Tested Amid Israel-Iran Conflict
Germany Holds First Veterans Celebration Since WWII
U.S. Health Secretary Dismisses CDC Vaccine Advisory Committee
Minnesota Lawmaker Melissa Hortman and Husband Killed in Targeted Attack; Senator John Hoffman and Wife Injured
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
×