Thursday, April 15th 2021
NVIDIA to Introduce a New GeForce RTX 3060 GPU SKU with Ethereum Mining Limiter
Some time ago, NVIDIA introduced its GeForce RTX 3060 graphics card with GA106-300 Ampere GPU SKU. The GPU was the first to feature NVIDIA's latest additions like Resizable BAR and crypto mining algorithm limiter that limited the performance of the card while mining. However, despite NVIDIA's intention to keep the card out of the hands of crypto miners, there has been a lot of flaws in the plan. A lot of people discovered that the card still managed to turn in profits with the limiter enables. Later, NVIDIA accidentally released a driver that actually removes the limiter and enables the GPU to mine at full capacity, making the company's efforts useless.
Today we have new information that NVIDIA will launch an updated GeForce RTX 3060 GPU SKU that features a different ID, in the quest to limit card's mining performance. According to HKEPC, NVIDIA is producing updated GeForce RTX 3060 GKU SKUs with GA106-302 ID that should launch sometime in May, which are supposed to replace the GA106-300 SKUs now present. The software and the drivers will use the new ID to identify new SKUs and limit the performance of the card at mining tasks such as Ethereum mining. That way, it ensures that no driver version or bypass can trick the software to enable the card to use its full mining power and it shall render it unprofitable. Additionally, kopite7kimi, a known hardware leaker, claims that NVIDIA is also preparing updated GPU SKU IDs for GA104 and GA102 GPUs, with GA102-302/202 and GA104-302/202 variants supposedly coming.
Sources:
HKEPC, @kopite7kimi (Twitter), via VideoCardz
Today we have new information that NVIDIA will launch an updated GeForce RTX 3060 GPU SKU that features a different ID, in the quest to limit card's mining performance. According to HKEPC, NVIDIA is producing updated GeForce RTX 3060 GKU SKUs with GA106-302 ID that should launch sometime in May, which are supposed to replace the GA106-300 SKUs now present. The software and the drivers will use the new ID to identify new SKUs and limit the performance of the card at mining tasks such as Ethereum mining. That way, it ensures that no driver version or bypass can trick the software to enable the card to use its full mining power and it shall render it unprofitable. Additionally, kopite7kimi, a known hardware leaker, claims that NVIDIA is also preparing updated GPU SKU IDs for GA104 and GA102 GPUs, with GA102-302/202 and GA104-302/202 variants supposedly coming.
96 Comments on NVIDIA to Introduce a New GeForce RTX 3060 GPU SKU with Ethereum Mining Limiter
Will there be a bear market, yes. Will there be more 2nd hand gpu's in the bear market? Yes. When will that happen? Nobody know's and you make it more and more clear by the day you sure dont know. Crypto isnt going anywhere. I suggest people stop blaming crypto for the shortage and start blaming the fact that the fabs are overloaded and everything needs a computer chip in it. Until the new fabs in the US are built and operational, this will continue (2 years). I know, it sucks and I hate it too. This is why you see Nvidia now saying gpus will be limited all of 2021. They will be most/all of 2022 too
We should take the Chinpokomon approach in that it won't be cool any more to want in on the monopoly-fun-money craze wasting load of electricity. Then the market will tank big time!
I always thought the previous version was a beta test for a bigger rollout. I expected it would come when they released their version of the SUPER cards or, possibly, in the next generation.
in truth the ebay price is the real price.. everything else is just pretend..
even gamers who were lucky enough to acquire a gpu a couple of months back are flipping them on ebay for the current ebay prices.. half the 3xxx series cards listed on ebay are listed as used..
the price for used is the same as the price for new..
these used gpus aint coming from miners they are coming from gamers who fancy making a bit of money..
trog
ps.. and for those that havnt a clue as to what is really going.. the price of bitcoin and etherium is being driven up by large institutions and the likes of tesla.. these people are emptying their piggy banks of cash and filling them with bitcoin.. you can now buy a tesla car with bitcoin.. tesla are stashing this bitcoin in essence its gone off the market..
the people now buying bitcoin are in it for the long term they are never going to sell it.. they are not kids in their parent basement any more they are big money organisations..
bitcoin aint gonna crash.. bitcoin is the future.. those that have it will get rich those that dont will get left behind..
Sure you can sell your old GPU in the second hand market, but if you buy and sell new stuff with the express reason to make money of such trades you are basically a store - unregistered, and not paying taxes, while your clients are not protected with the consumer protection laws since you are officialy not a store.
Do nvidia make a chip with an nvidia news bullcrap limiter function?
It's the whole nonsense story of one person being able to buy more than one GPU without pre-arranging this at the manufacturer. If they made it so, that only 1 card per customer could be gotten via; ID, Address, Cell No. Phone Number, user account, etc. this could have made sure that these cards stay at or near their MSRP.
No one would then have to "recoup" their ridiculous GPU price to begin with.
But hey, I have an idea, let's just let all the people with a ton of money run bots the whole time, buying up all the stock from a said company and sell it @ 3x times the price, maybe 5x, because hey, they can, muhahahahahahahaha. How fair? Right?
This is close to Extortion: The practice of obtaining something, especially money, through force or threats.
Granted, no one is threatening people, but they are forcing people to buy at these ridiculous prices.
So don't or do but be real.
Oh and this is a comedy troll fest setup by Nvidia themselves, total balls all round.
As for the crypto hater's ,not a fan but read up, POS proof of stake turning up in ETH might end this mining boom , little else has a chance in the near future, and it's not clear when this will happen yet, bitcoin is only tangentially important / relevant to mining, it's price supports the cost of Eth other than that it's irrelevant to GPU mining.
The problem stems from a few people buying up all inventory.
TSMC is building a mega-fab in the USA but it probably won't go online until 2024 and I'm not sure if it will have capacity for GPU manufacturing.
I'm not going to stop gaming even if I am forced to pay $3,000 for a 4080 when they come out. I will try to go on the waiting list first on sites that allow that but I have already seen one member here saying that he's been on a waiting list for 6 months and hasn't gotten one.
Form 1099-K, Payment Card and Third Party Network Transactions, is an IRS information return used to report certain payment transactions to improve voluntary tax compliance
People who get lots of tips in cash also dont report lots of their earnings. Lets all audit them, lets see how much they really make and report. Dont think that cash resellers are not the only ones who dont report their full revenue.I dont think you fully know what the word extortion means. Nobody is forcing people to buy GPUs at high prices. If a person wants to buy a 1030 at $500, let them, its their money. If they got that money in a legal way, they can do what ever they want with it.Bitcoin are mined with ASIC machines. Bitcoin GPU mining stopped about 9+ years ago