On Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully [unlocked] Nvidia’s [Lite Hash Rate]” graphic processing units (GPUs). Nicehash says the firm’s Quickminer mining software is the first protocol that can unlock LHR GPU cards by 100%.
Nicehash Says Software Is the First to Fully Crack Nvidia’s Lite Hash Rate Technology
According to the digital currency mining platform Nicehash, the firm has developed software that completely unlocks Nvidia’s Lite Hash Rate-brand GPUs. “Nicehash has successfully unleashed the locked computing power for millions of people worldwide,” the company saidThis Saturday “We are the first to fully unlock Nvidia’s LHR.”
Nvidia announced the Lite Hashrate GPU cards (LHR) in May 2021. This was after the semiconductor giant stated it wanted these chips to be returned to gamers. “We believe this additional step will get more Geforce cards at better prices into the hands of gamers everywhere,” a Nvidia spokesperson said at the time.
The GPU manufacturer’s competitor AMD also introduced the first GPU dedicated to cryptocurrency mining called the AMD Navi 12. Nvidia applied LHR technology to three GPU cards when it introduced its LHR technology.
Cracking Nvidia’s LHR Tech Started Months Ago
Nicehash is not the only person to be able to remove Nvidia’s LHR tech. Bitcoin.com News last January reported that solo miners had been able to overcome Nvidia’s mining reducing technology. The report further explained that Nicehash told pcmag.com that month that Nvidia’s LHR technology “did not discourage miners at all.”
Reports at the time indicated that the miners bypassed LHR tech only by a fraction. Nicehash announced Saturday that Quickminer’s mining software eliminates LHR reducers 100%.
“We are very excited to tell you that Nicehash Quickminer (Excavator) is the first mining software to fully (100%) unlock LHR cards,” a blog post published by Nicehash says. “Now you can earn more profits than any other mining software on the market if you are using LHR graphics cards with Nicehash Quickminer.”
Nicehash’s new software that unlocks Nvidia’s LHR GPU cards, follows the recent charges against Nvidia by the U.S. Securities and Exchange Commission (SEC). According to the SEC Nvidia didn’t disclose crypto mining revenue increases. Nvidia agreed to pay $5.5million penalty due to the failure of disclosure.
What do you think about Nicehash claiming that its software can fully unlock Nvidia’s LHR GPU cards so people can mine with them? Please comment below to let us know your thoughts on this topic.
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