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

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

On Saturday, cryptocurrency mining platform Nicehash revealed that the company has “fully… [unlocked] nvidia [Lite Hash Rate]Graphic Processing Units (GPUs). Nicehash says the company’s Quickminer mining software is the first protocol that can unlock 100% GPU LHR cards.

Nicehash says that the software is the first to completely crack Nvidia’s Lite hash rate technology

According to cryptocurrency mining platform Nicehash, the company has developed software that completely unlocks Nvidia’s Lite Hash branded graphics processing units (GPUs). “Nicehash has unleashed the power of locked computing for millions of people around the world,” the company She said on Saturday. “We are the first to fully launch Nvidia’s LHR.”

Nvidia unveiled its GPU Lite Hash Rate (LHR) cards in mid-May 2021 after the semiconductor giant said it wanted to put these chips back in the hands of gamers. “We believe this additional step will make more Geforce cards at better prices more affordable for gamers everywhere,” an Nvidia spokesperson said at the time.

GPU competitor AMD also introduced its first dedicated crypto-mining graphics processing unit called the AMD Navi 12. When Nvidia introduced its LHR technology, it applied the protocol to three of its GPU cards.

I started cracking Nvidia’s LHR technology months ago

Nicehash is not the only one who can remove LHR technology from Nvidia. Back in January, Bitcoin.com News reported on individual miners who beat the miner’s miner tech. The report further clarified that Nicehash told pcmag.com that month that Nvidia’s LHR technology “has not discouraged miners at all”.

However, at the time, reports indicated that miners had outgrown LHR technology by a fraction. The Nicehash announcement on Saturday announced that the Quickminer mining software is removing 100% of LHR reducers.

“We are very excited to tell you that Nicehash Quickminer (Excavator) is the first miner to completely unlock LHR cards (100%),” according to a blog posted by Nicehash. “Now you can earn more profit than any other mining software on the market if you use LHR graphics cards with Nicehash Quickminer.”

Nicehash’s new software that unlocks Nvidia’s LHR GPU cards, follows recent charges against Nvidia by the US Securities and Exchange Commission (SEC). According to the Securities and Exchange Commission, Nvidia failed to disclose that crypto mining had increased revenue. The semiconductor company agreed to pay a fine of $5.5 million for non-disclosure of information.

Tags in this story

ETH, Ethereum Mining, GPU, Graphics Card, GPUs, GPU, Hash, Hashpower, Hashrate, Hash Selector, LHR Products, Lite Hash Rate Tech, Nicehash, Nicehash Platform, Nicehash Software, Nvidia, Nvidia Corporation , PoS, PoW, PoW Mining, video game consoles

What do you think of Nicehash’s claim that its software can fully unlock Nvidia’s LHR GPU cards so people can mine with them? Tell us what you think about it in the comments section below.

Jimmy Redman

Jamie Redman is the head of news at Bitcoin.com News and a technology financial journalist based in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.




photo credits: Shutterstock, Pixabay, Wikicommons

Not giving an opinion: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the Company nor the author shall be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Leave a Comment

Your email address will not be published.