Crypto Mining

Nvidia Latest GPU ‘RTX 3060’ For Ethereum Mining – Performance Analysis Report.

Nvidia’s RTX 30 series of graphics cards are subjected to unending speculation, rumors, and even ridicule since the firm primary announced that it might ship its latest GPU’s with a built-in Ethereum [ETH] mining limiter.

A series of missteps saw the mining limiter on Nvidia’s RTX 3060 card first undone by crafty hackers then completely removed by one among Nvidia’s own driver updates.

The latest within a series of leaks now suggests Nvidia’s next major GPU release – the RTX 3080 Ti – might be shipped without a cryptocurrency mining limiter in the least. Leaked screenshots first uncovered by reveal that the 3080 Ti mining Ethereum with a hash rate of 118.9 mega hashes per second – that’s over quadruple what the hamstrung cards were originally alleged to be capable of.

It’s worth noting that there has been no confirmation that the GPU within the screenshots is that the same one that Nvidia is prepping for release. The leaked model might be a model still around from before the firm decided to implement its mining limiters.

Also, Nvidia’s previous missteps in releasing its anti-crypto cards have led to the company considering an entire overhaul of its 30 series range, therefore the performance of the GPU in question might not necessarily be representative of the one that’s expected to hit shelves in May.

With a prospective hash rate of 118.9 MH/s, the RTX 3080 Ti stands to be a really profitable card for Ethereum miners, even in Western nations.

China’s average electricity costs round out at $0.08 per kWh per household, meaning the GPU would stand to return profits of around $378 USD per month, or $4,611 USD per annum.

Within the U.S., where electricity averages at around $0.13/kWh per household, the GPU would still be able to return healthy profits of $4,488 per annumor simply over 2 ETH supporting present prices. The GPU is predicted to cost around $999 USD upon release, however, another mad rush by cryptocurrency miners could see demand outstrip supply another time, again leading to a better price.

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